FYI: Jobless claims saw their largest weekly decline since the end of July last week, dropping to their lowest level in nearly two months. While economists were expecting claims to remain unchanged at 275K, the actual reading was 11K lower at 264K. So, after a six-week period where claims rose in five weeks, they have now dropped for two straight weeks and are just 9K above their expansion low of 255K from 7/17.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-better-than-expected-2/
