MBS MID-DAY: 3/8/2012

* Claims rose 362k vs 351k consensus
* Previous week revised up from 351k to 354k
* Continued Claims 3.416m vs 3.4m consensus
* Previous Cont. Claims revised up to 3.406m from 3.402m

In the week ending March 3, the advance figure for seasonally adjusted initial claims was 362,000, an increase of 8,000 from the previous week’s revised figure of 354,000. The 4-week moving average was 355,000, an increase of 250 from the previous week’s revised average of 354,750.

The advance seasonally adjusted insured unemployment rate was 2.7 percent for the week ending February 25, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending February 25, was 3,416,000, an increase of 10,000 from the preceding week’s revised level of 3,406,000. The 4-week moving average was 3,417,500, a decrease of 27,500 from the preceding week’s revised average of 3,445,000.

Article source: http://www.mortgagenewsdaily.com/mortgage_rates/blog/250254.aspx

Leave a Reply

WP2FB Auto Publish Powered By : XYZScripts.com
Bunk Beds