The numbers are in…

INITIAL JOBLESS CLAIMS: 529K V 535KE; CONTINUING CLAIMS: 3.962M V 4.080ME
- Prior Initial Jobless Claims revised from 542K to 543K
- Prior Continuing Claims revised from 4.012M to 4.016M

Note: The only reason for the drop in continuing claims is the extension of unemployment benefits has not been reflected yet in the data. With the recently passed extension to unemployment benefits I expect this number will increase significantly in the coming months.

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OCT DURABLE GOODS ORDERS: -6.2% V -3.0%E; DURABLES EX TRANSPORTATION: -4.4% V -1.6%E
- Prior revised from prior revision of 0.9% to  -0.2%
- Prior Durables Ex Transportation revised from prior revision of -1.0% to  -2.3%

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OCT PERSONAL INCOME: 0.3% V 0.1%E; PERSONAL SPENDING: -1.0% V -1.0%E
- Prior Personal Income revised from 0.2% to 0.1%

- Largest drop in consumer spending in 7 years 

Note: The only reason for the drop in continuing claims is the extension of unemployment benefits has not been reflected yet in the data.