Challenger Job Cuts Total (Jan)

Survey n/a
Actual 74,986
Prior 44,416
Revised n/a

A volatile number that has been showing low levels of layoffs and not given much weight either way.

2008-02-04 Factory Orders Total

Factory Orders (Dec)

Survey n/a
Actual 441,566
Prior 431,489
Revised n/a

Another strong number – no sign of recession here.


2 Responses

  1. Yes, but different from the ‘running out of reserves’ of fixed fx regimes.

    We now have several data points supporting a fall off in January. Mtg apps, payrolls, redbook sales, and the ism numbers. If these hold up it’s looking more like negative growth for Jan.

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