Thursday, March 5, 2015

Another small sign of a slowdown

 - by New Deal democrat

Initial jobless claims rose last week to 320,000.  The four week moving average went up over 300,000 to 305,000.

This is another small sign of a Q1 slowdown.  Mind you, the four week moving average was 307,000 back on January 17, and we still got a very good employment report.  But a miss to the downside in tomorrow's February report looks more possible.