The advance figure for seasonally adjusted initial unemployment claims was 209,000, an increase of 9,000 from the previous week.
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US Consumer Price Index Rises 3.4% Year-Over-Year in July
The Consumer Price Index for All Urban Consumers rose 0.1% in July on a seasonally adjusted basis and was 3.4% higher year-over-year.
US Mortgage Credit Availability Index Increases in July
The MBA Mortgage Credit Availability Index rose 2.5% to 108.4 in July.
US Mortgage Applications Rise in the Week Ending August 7
Mortgage loan application volume increased 3.6% on a seasonally adjusted basis from one week earlier, MBA reported.
US Existing-Home Sales Fall for Second Consecutive Month in July
Existing-home sales fell 1.7% in July, marking a second consecutive monthly decline, but sales remained 0.7% above year-ago levels, NAR reported.
NFIB Small Business Optimism Index Rises in July
The NFIB Small Business Optimism Index rose 2.4 points to 99.8 in July, its highest reading since August 2025 and above its 52-year average of 98.
US Construction Employment Climbs in July
US construction employment rose by 22,000 in July. Residential construction added 2,100 jobs, the first increase in four months.
Canadian Employment Rises by 75,000 in July; Unemployment Falls to 6.4%
Canadian employment rose by 75,000 jobs in July, while the unemployment rate fell 0.1 percentage points to 6.4%.
US Multifamily Developer Confidence Slips in Q2
NAHB’s Multifamily Production Index fell 3 points year-over-year to 43 in Q2, while its Multifamily Occupancy Index fell 8 points to 74.
US Nonfarm Payroll Decreases by 23,000 in July; Unemployment at 4.1%
US nonfarm payroll employment fell by 23,000 jobs in July, and the unemployment rate fell 0.1% to 4.1%.