Perhaps The Business Cycle Is Dead – Initial Claims Approach Record

This week's Initial Claims figure came in at 267K, an increase of 12K from the 255K of the prior week.

The sub-300K Initial Claims figure isn't surprising lately.

In fact, Initial Claims have been below 300K for 21 consecutive weeks.

Business Cycle - Looking at Times When Initial Claims Stayed Below 300K

The incredible amount of time Initial Claims have been below 300K brings the question - How does this performance compare to past experiences of Initial Claims strength?

Here's a look.

The table captures instances when Initial Claims stayed below 300K.

The rows represent the week when the sub-300K cycle started.  The columns capture the number of weeks Claims claims spent below 300K.

Unsurprisingly, there are lots of instances when Initial Claims spent only 1 week below...