Thursday, May 24, 2012

Durable Goods Orders Weak

New U.S. claims for unemployment benefits fell slightly last week, government data on Thursday showed, while demand for long-lasting U.S. manufactured goods rose less than expected in April, raising concerns about the U.S. economic recovery.
Has anybody else noticed that initial numbers for unemployment are always compared to the revised data? And the revised data is always worse than the initial data?  If the mainstream news media would compare initial to initial or revised to revised, it would clearly show that there isn't even a slight improvement.


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