Dollars and Jens
Thursday, October 08, 2009
Initial Jobless Claims
In my own parochial little world, the big news is that last week's number was revised slightly up such that the partially adjusted figure slightly exceeds the three week exponential moving average. Today's number is much lower, though; 521,000 adjusted, 502,000 partially adjusted.

Incidentally, the partially adjusted ARIMA(0,1,2) model would predict an adjusted number of about 507,000 next week.


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