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Daily Econ Digest

Blog of the Joint Economic Committee Republicans - Senator Dan Coats Chairman Designate

This blog is a weekday economic buzz, news, opinions, blogs, research and data aggregated by the Joint Economic Committee, Republican staff.

Disclaimer: The content posted in this blog is provided for information uses only and should not be construed as the views of the Joint Economic Committee Republicans.

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Graphic of the Day

In the week ending February 7, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 25,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 278,000 to 279,000. The 4-week moving average was 289,750, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 292,750 to 293,000. There were no special factors impacting this week's initial claims.

Indicator of the Day

Retail sales declined 0.8% in January after declining an unrevised 0.9% in December.