US initial jobless claims rose 4k to 215k in the week ending August 24, matched expectations. Four-week moving average of initial claims dropped -0.5k to 214.5k. Continuing claims rose 22k to 1.698m in the week ending August 17. Four-week moving average of continuing claims dropped 250 to 1.697m.
Advanced goods trade deficit dropped -2.5% to USD 72.3B in July, smaller than expectation of USD 74.0B. Exports of goods for July were USD 137.3B, USD 0.9B more than June exports. Imports of goods for July were USD 209.7B, USD 0.9B less than June imports. Wholesale inventories rose 0.2% mom, matched expectations.
