Nov.13 Initial and Continuing Jobless Claims
Initial jobless claims rose by 12,000 to 290,000. This rate is higher than amount economist had estimated, which was 280,000. People still receiving aid rose by 36,000 to 2.39 million.
These number are still pretty strong for the economy and plays in favor of raising interest rates next year. The street will continue to track these number and those on inflation which are still struggling to rise.
http://www.cnbc.com/id/102181693
Nov.14 Retail Sales (Oct), Umich Consumer Sentiment (Nov)
US retail sales rose by a seasonal amount of 0.3% Vs. the 0.2% that was estimated by economist.
This rise in retail sales can help with the inflation problem the country is having and if it keeps rising it will be another indicator the fed can use to raise interest rates next year.
http://www.marketwatch.com/story/us-retail-sales-snap-back-in-october-2014-11-14
Umich Consumer Sentiment (Nov)
Consumer confidence rose to a level of 89.4 from the estimated 87.5. This is the highest level seen since July 2007.
This rise in consumer confidence coupled with the rise in retail sales suggest that US consumers are feeling a bit more comfortable with the US economy.
http://www.businessinsider.com/umich-consumer-confidence-november-14-2014-11
