2019 Economic Calendar
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Jobless Claims  
Released On 1/10/2019 8:30:00 AM For wk1/5, 2019
 PriorPrior RevisedConsensusConsensus RangeActual
Initial Claims - Level231 K233 K224 K215 K to 229 K216 K
Initial Claims - Change10 K12 K-17 K
4-Week Moving Average218.75 K219.25 K221.75 K
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
Initial jobless claims have been moving up to the higher levels seen in November. But forecasters see initial claims for the January 5 week coming back down to 224,000 vs 231,000 in the December 29 week.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. An increasing (decreasing) trend suggests a deteriorating (improving) labor market. The four-week moving average of new claims smooths out weekly volatility. Why Investors Care

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