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If You’re Worried about a Recession, Watch the Weekly Jobless Claims, says Jim O’Sullivan of High Frequency Economics

  • jcm1980
  • September 30, 2019
  • Comments Off on If You’re Worried about a Recession, Watch the Weekly Jobless Claims, says Jim O’Sullivan of High Frequency Economics

Economist Jim O’Sullivan of High Frequency Economics says the key numbers to watch to see if the U.S. is dipping into recession are the weekly jobless claims. He says, so far those numbers indicate strength in the U.S. economy despite a drop in exports and other possible recession warnings. This is an excerpt from his talk at an economics briefing held by the Summit, N.J. law firm Brown Moskowitz & Kallen for their clients on September 23, 2019.