GDP revised higher for Q2 to 3.8%; fastest economic growth in 2 years.Initial & continuous jobless claims lower than expected, home sales higher than expected, core PCE marginally higher.TLDR; economy holding up better than expected, rates are up, risk is down. ...

All of those things would seem to suggest that this is an economy in trouble. Not so according to the economic data released in the last hour. It showed the US economy growing at the fastest pace in nearly two years, thanks to consumer spending, though apparently not on used cars.Fed Governor Stephen Myron spoke to Bloomberg ahead of that data on the next steps for the Fed. My view is not one of enormous economic pessimism. You know, I don't think the economy is about to crater. I don't think the labor mark ...

Kevin Hanks live at the CBOE pre-bell playbook joining us and we uh think about what's been going on. Most of these economic prints have been looking pretty favorable lately. Um some of your thoughts this morning.Good morning, Kevin. >> Good morning, Nicole. Yeah, you know, despite the markets being down, it's not because of the economic data, Nicole.All came in better than expected from GDP, which came in at 3.8% 8% the the last revision for second quarter GDP now 3.8% personal consumption expenditures whi ...

We are certainly not seeing any problems in the labor force connected to jobless claims. 218,000, a big drop from a revised 232,000 last month. So it doesn't look at this point like we have a firing problem at all.Initial claims, continuing claims, 1,926,000. That's down a little bit from a revised 1,928,000. So all in all, jobless claims numbers still show companies sitting on the sidelines not making decisions.The claims number pretty impressive, say it is. In fact, if I would have just parachuted in from ...

We are certainly not seeing any problems in the labor force connected to jobless claims. 218,000, a big drop from a revised 232,000 last month. So it doesn't look at this point like we have a firing problem at all.Initial claims, continuing claims, 1,926,000. That's down a little bit from a revised 1,928,000. So all in all, jobless claims numbers still show companies sitting on the sidelines not making decisions.The claims number pretty impressive, say it is. In fact, if I would have just parachuted in from ...

U.S. initial jobless claims for the week ending September 20 were 218,000, below the expected 235,000, with the prior week's figure revised from 231,000 to 232,000. U.S. Q2 real GDP annualized growth rate (final) was 3.8%, above the expected and previous 3.3%. U.S. Q2 core PCE price index annualized rate (final) was 2.6%, slightly above the expected and previous 2.5%. ...

North Carolina jobless claims data were mistakenly understated in a weekly US Labor Department report on Thursday, as a technical error slashed the state’s tally by more than 19,000 https://t.co/gK2pduDqm0 ...

Well, we do get a snap back in jobless claims after the big rise last week. We fall back to 231,000. That's below the estimate.Last week was revised up by a thousand, so it was 264. But remember, this was all in theory because of fraud in Texas. Texas officials say there were a whole lot of illegal filings the week before, and that looks like it is the case.The ongoing claims number is 1,920,000. that falls from 1,927. So the jobless claims numbers improve, take a little bit of that edge off in terms of wha ...

You do get a snap back in jobless claims after the big rise last week, we fall back to 231,000. That's below the estimate. Last week was revised up by a thousand, so it was to 64.But remember, this was all in theory because of fraud in Texas. Texas officials say there were a whole lot of illegal filings the week before, and that looks like it is the case. The ongoing claims number is 1,920,000.That falls from 1,000,009 27. So the jobless claims numbers improved. Take a little bit of that edge off in terms o ...

We'll monitor further comments from the president, but right now, jobless claims in Philadelphia Fed manufacturing data hitting the wires. Rick Santelli standing by with those numbers. Rick.>> Yes. And there's some surprising issues here. Initial jobless claims expected to be 240,000 comes in light.231,000. That'll be the smallest number of initial claims going back to the third week in August. But here's the rub.263,000 last week, a jump at 37,000, and it was highly unexpected. It was said to be an error, ...