Category Archives: U.S. Economy

Initial unemployment claims fell sharply this week, reversing out the big jump the week before. In the week ending April 5, initial claims were 357K, a decrease of 53K from the previous week’s revised figure of 410K. The 4-week moving … Continue reading →

Consumer credit increased at an annual rate of 2.4% in February; revolving credit grew at a 5.9% rate, and nonrevolving credit was up 0.4%. You can read the full report by clicking here, FRB: G.19 Release–Consumer Credit–April 7, 2008. Interest … Continue reading →