Wednesday, July 3, 2013

It's The Economy Stupid: Economic Stuff

Economic Event

Period

Economic Survey

Actual Reported

Original Prior

Revised Prior

Initial Jobless Claims

JUN  29

345K

343K

346K

348K

Continuing Claims

JUN 22

2958K

2933K

2965K

2987K

Challenger Job Cuts YoY

JUN

 

4.80%

-41.2%

 

RBC Consumer Outlook Index

JUL

 

50.7

51.8

 

ADP Employment Change

JUN

160K

188K

135K

134K

Trade Balance

MAY

-$40.1B

-$45.0B

-$40.3B

 

MBA Mortgage Applications

JUN 28

 

-11.7%

-3.0%

 

 

Jobless Claims was good.

Continuing Claims was good.

Challenger Job Cuts increases slightly, not so good.

RBC Consumer Outlook was down slightly, not so good.

ADP Employment Change was good.

Trade Balance increased, not so good.

MBA Mortgage Application decrease, definitely not so good.

 

God Bless America!

 

Have a happy and healthy Independence Day!

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us

 

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