Archive for April 8th, 2010

Initial Jobless Claims Rose 18.000

Initial jobless claims came out at 460.000. The consensus was at 435.000. The week before figure was revised higher to 442.000. Chart 1. U.S. Initial Jobless Claims

Outstanding Consumer Credit Fell 5.6% In February

Outstanding consumer credit fell annualized 5.6% in February following a annualized 2.4% increase in January. January increase in consumer credit ended a 15 month long negative streak, February reading marked a return to falling consumer credit trend. Chart 1. Consumer Credit

 

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