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2nd Oct 2024 08:56USDaily Monitor

  • We look for a small rise in initial claims to about 225K, from 218K, driven by rolling furloughs at Boeing.
  • Storm Helene likely will lift claims to about 250K soon; port-related disruption may add to the pick up.
  • The end of the student loan payment “on-ramp” will only hit annual consumption by 0.15% at most. 

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Keywords for: 3 October 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence