Consumer Confidence

The Conference Board Consumer Confidence Composite index jumped 3.8 points in July to 121.1 points, the highest level since March and 25% higher year on year (y/y). On a three month moving average (3MMA), basis the index measured 118.7, +0.6 points month on month (m/m). For reference, the index was 100 in the base year [...]

Employment New Jobless Claims

The U.S. labor market is performing well. Initial claims for unemployment insurance benefits remain at a historically low level. New seasonally adjusted (SA), filings for unemployment insurance benefits fell by 15,000 to 233,000 for the week ending July 15th, while the four week moving average was 243,750. On a non-seasonally (NSA), adjusted basis, new claims fell [...]