2019 Economic Calendar
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Jobless Claims  
Released On 4/4/2019 8:30:00 AM For wk3/30, 2019
 PriorPrior RevisedConsensusConsensus RangeActual
Initial Claims - Level211 K212 K216 K215 K to 222 K202 K
Initial Claims - Change-5 K-4 K-10 K
4-Week Moving Average217.25 K217.50 K213.50 K
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
Initial jobless claims had been steady in a narrow range between 220,000 to 230,000 before an unexpected drop to 211,000 in the March 23 week. Initial claims for the March 30 are expected to hold in a lower range at 216,000.

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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