U.S. initial jobless claims for the week ending September 20 totaled 218,000, falling below the anticipated 235,000. The previous week's claims were revised slightly upward from 231,000 to 232,000.
In economic growth, the U.S. Q2 real GDP annualized growth rate was finalized at 3.8%, surpassing both the expected and prior rate of 3.3%. Additionally, the U.S. Q2 core PCE price index annualized rate was finalized at 2.6%, marginally above the forecasted and previous rate of 2.5%.
U.S. Jobless Claims and GDP Exceed Expectations
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