…according to its updated Summary of Economic Projections. AB: Dec. 18: With this announcement by Powell: The Dow fell by 1,123 points Wednesday, ending the day 2.58% lower after the Federal…

…46,000 to 1.910 million, the highest number in over 3 years: On the YoY% basis more important for forecasting purposes, initial claims were up 2.8%, and the four week average…

…million: As usual, the YoY% comparisons are more important for forecasting purposes, and here the news is not so good. Initial claims were higher by 6.6%, and the four week…

…2022 without any recession occurring, I now use an economically weighted three month average of the manufacturing and non-manufacturing indexes, with a 25% and 75% weighting, respectively, for forecasting purposes….

…pace than even earlier 2024. Finally, here is our final look at what jobless claims are forecasting for the unemployment rate: Absent the strong effects of the surge in new…

…accounting, forecasting and tricky language that would make an Enron executive blush. They know full well that this lending system has been profitable like no other lending program in the…

…(in this case having to do with the week in which MLK day is observed), YoY comparisons have added importance, in addition to their being the basis for forecasting. So…

…On the YoY% basis which is more important for forecasting purposes, initial claims were up 2.8%, while the four week average was up 1.6%. Continuing claims were up 4.0%: This…

…one week delay, continuing claims rose 24,000 to 1.869 million: As usual, the YoY% changes are more important for forecasting purposes. So measured, initial claims were up 9.5%, the four…

…before the Millennium, I now use a weighted average of the ISM services index (75%) as well as manufacturing (25%) as the primary forecasting tool. This economically weighted average, especially…