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October 24, 2013

Flat Fundamentals.

October 24, 2013

Flat Fundamentals.

Jobless Claims  (week ended 10/19/2013)

– New Claims 350,000. Previous was revised to 362,000

– 4-week Moving Average  348,250.

Hopefully the inaccuracies in reporting California jobless claims in a timely manner have been resolved.

Trade Deficit (August 2013)

– $38.8 billion.  Previous was $38.6 billion.

PMI Manufacturing Index Flash  (October 2013)

– Index level 51.1. Previous was 52.8.

Manufacturing is growing but at a slower pace.