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Sunday, September 17, 2023

And we wait...

We continue our weekly watch for signs of a recession in California data on new weekly claims for unemployment benefits without seeing any (through the week ending Sept. 9).

As always, the claims data are at https://www.dol.gov/ui/data.pdf. The UCLA Anderson Forecast will be presented in early October. We'll see if the forecasters have continued their two-scenario approach (recession, no recession), or whether they will come down on one side or the other.

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