Small business optimism index spikes up 38 points on expectations of better business conditions ahead
Small business optimism rocketed to its highest level since 2004, with a stratospheric 38-point jump in the number of owners who expect better business conditions.
Initial unemployment claims fall 10,000 in latest report
In the week ending January 7, initial claims were 247,000, an increase of 10,000 from the previous week’s revised level. The 4-week moving average was 256,500, a decrease of 1,750 from the previous week’s revised average.