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July 25, 2013

Initial Jobless up but inside Comfort Zone of 350,000

July 25, 2013

Initial Jobless up but inside Comfort Zone of 350,000

Initial Jobless Claims (week ended 7/20/2013)

– New Claims (Seasonally Adjusted) 343,000. Previous revised to 336,000

– 4-week Moving Average (Seasonally Adjusted) 345,250. Previous was 346,500

– Unadjusted claims were 338,140 a decrease of 71,879 from the previous.

Durable Goods Orders (June 2013)

– New Orders Month/Month +4.2%

– New Orders Year/Year +10.9%

– Ex-transportation Month/Month 0.0%

– Ex-transportation Year/Year 4.9%

The gain in DGO last month was entirely in aircraft.