Pantheon Macroeconomics

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20th May 2022 00:20U.S., Daily Monitor

The upturn in jobless claims is no reason to panic; consumer data are still strengthening.

Philly Fed capex plans have tanked, but other surveys are less weak; watch the hard orders data.

The housing rollover is gathering speed; housing- related retail is in for a very tough time.

capex capital goods energy energy prices existing home sales fed home sales job openings jobless claims June labor May mortgage mortgage applications payroll philly fed richmond fed surveys

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Keywords for: The Uptick in Claims is not Definitive, it Says Nothing about Hiring

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