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Initial Jobless Claims As-Expected 216k In..>

US DATA
US DATA: Initial Jobless Claims As-Expected 216k In July 13 Week
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- Initial claims +8k to 216k in July 13 survey wk as expected by MNI, BBG
- Unadj initial claims +11,520 to 243,513, up 11k from year ago level
- Seasonal factors expected unadj claims to rise by 2,289.
- Claims largest NSA gains in California, Texas offset by large declines 
in Michigan and New Jersey 
- Claims 4-wk avg -250 to 218,750 could fall next week.
- Cont claims -42k to 1.686m in July 6 wk

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