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Chart of the Week

Archived Chart: From February 22, 2019

New claims for unemployment insurance for the week of February 16 fell by more than economists had expected. However, the less volatile four-week moving average is moving higher which doesn’t bode well for the economy. If the upswing in this leading indicator continues, the odds of a recession will increase. We’ll be following this key indicator closely in the weeks ahead... stay tuned.

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