Jobless claims continue to be a key indicator of the economy’s health, with recent data pointing towards an expanding economy. The threshold for determining a recession remains a four-week moving average of jobless claims exceeding 323,000. This metric serves as a crucial benchmark for assessing the overall economic landscape and potential downturns in the market.
Key points:
– Jobless claims are a significant indicator of economic performance
– Current data suggests a growing economy
– Recession will only be declared if jobless claims surpass 323,000 on a four-week moving average.
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