You kids know the drill. Jobless claims up 4k to 558k, continuing claims fell back to 6.2 million (we seem to have hit equilibrium there, at least.) Retail sales however fell 0.1%, despite Cash For Clunkers. Without autos, retail sales would have been down 0.6% in July.
Still bad news on the job front.
Thursday, August 13, 2009
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