New jobless claims flat, down 3k to 420k, but the big chunk of data is durable goods for November, revised downward from 3.3% in October to -3.1%. Ouch.
Continuing claims down to 4.064 million. Not a good sign, still deflationary especially in conjunction with home prices still falling.
More Thursday numbers from Asariel over at the Great Redoubt.
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