FastSaying

There's no question that these numbers have been persistently disappointing in recent weeks, ... It's not that layoffs are accelerating again -- we think the underlying trend [of claims] is stable at about 390,000 -- it is that we expected clearer signs of an outright decline [in the number of claims].

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This is a welcome surprise; the trend in claims in recent weeks has been strongly upwards.
— Ian Shepherdson
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This increase reflects the upturn in the markets in recent weeks; any further gain in the near-term requires a further firming of stocks,
— Ian Shepherdson
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It is disappointing in the wake of the huge rise in the Empire State survey -- the indexes are usually at similar levels,
— Ian Shepherdson
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No more easing [is] needed here.
— Ian Shepherdson
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We fully expect sentiment to drop sharply, putting in place the conditions for much softer consumer spending numbers.
— Ian Shepherdson
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