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US Economy: Jobless Claims back at 351k, Empire State 20.21

Posted on March 15, 2012 by zyakaira

After the last week data was revised upwards, Jobless Claims are down 14k for the week and the moving average is up very slightly to 355.75K and thus unchanged for this week and last. Continuing claims pulled down the average…

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Posted in Amitonomics, US

US retail drops pretence: Well the going is tough, so let’s get going!

Posted on March 6, 2012 by zyakaira

The Redbook recorded a 3% year on year rate Y?Y change dipping further from 3.4% last month to the expected lower rate of 3% as retail fails to catch the flame from a tired 2011 holiday season. So much for…

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Posted in Financial Markets

ISM rings the growth registers, Auto sales also to top

Posted on January 3, 2012 by zyakaira

As the Chicago PMI fortold last week the ISM PMI for manufacturing jumped on growth in employment sub index to 59.9 from 56 last month and new orders rose to a ever healthy 57.6 up 0.9 points. Next, as per…

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Posted in Amitonomics, US