Couple of quick economic updates from Calculated Risk:
Weekly Initial Unemployment Claims
In the week ending Jan. 9, the advance figure for seasonally adjusted initial claims was 444,000, an increase of 11,000 from the previous week’s revised figure of 433,000. The 4-week moving average was 440,750, a decrease of 9,000 from the previous week’s revised average of 449,750.
And, Retail Sales decline slightly in December
On a monthly basis, retail sales decreased 0.3% from November to December (seasonally adjusted), and sales were up 5.4% from December 2008 (easy comparison).
