tag:blogger.com,1999:blog-6616959642391988608.post5487404555135806579..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Weekly claims still pointing to a bottom (4)Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6616959642391988608.post-16791716316963898242009-06-18T12:29:48.261-07:002009-06-18T12:29:48.261-07:00Scott,
The numbers are encouraging but let's n...Scott,<br />The numbers are encouraging but let's not prematurly say this contraction is over. First we have to see output stop falling. I don't think we'll see firm evidence of that (don't get fooled by any dead cat bounces) until sometime later this summer. And until average initial weekly unemployment claims drop to around 400,000 expect the payroll (and possibly household) Mark A. Sadowskihttps://www.blogger.com/profile/13147923641894915172noreply@blogger.com