High-Frequency Update: 1-4-26
U.S. TSA traveler throughput rose 1.0% over the year last week
Arizona initial claims for unemployment insurance dropped to 1,528 for the week ended December 27, reflecting the holiday. Claims were down 13.7% over the year and down 29.1% from 2019.
U.S. weekly initial claims for unemployment insurance have not updated for the week ended December 27.
Data for the U.S. hotel occupancy rate has not yet been updated for the week ended December 20 or December 27.
U.S. movie box office sales dropped to $278.4 million for the week ended January 1, down from $339.3 million the prior week. That was down 9.3% over the year and down 26.3% from 2019. New movie releases were down 54.9% from 2019.
U.S. TSA traveler throughput rose to 18.2 million for the week ended December 27, up from 17.5 million the prior week. That was up 1.0% over the year an d up 10.1% from 2019.
Weekly data on Arizona new business applications continue to be published by the Census Bureau, but only on a monthly basis. Weekly data for November ranged from a high of 1,660 to a low of 520 (during the holiday week). Overall, new business applications remain strong.
Data on seated diners at restaurants using the OpenTable app is no longer being updated to compare the current week to 2019 results.
As of October 15, 2022, Google stopped updating mobility data.
Key News Articles and Research (subscription may be required)
Curated by Valorie Rice, Senior Business Information Specialist
Arizona and general topics: Has the CHIPS Act created jobs? (Brookings 12/18)
Automation / AI: AI in the office and the factory (FRBC)
Demographic / socioeconomic / Census: Using tax data to assess social and economic mobility (Urban Inst 12/22)
Economy: Understanding commodity prices (FRBSL 12/17)
Education / early childhood development: Lots of Arizona schools are closing. Here are 4 reasons why (KJZZ 12/15)
Energy / environment / infrastructure: Which states are leading the data center race? (Governing 12/22)
Housing / real estate: Developers snap up Arizona land as multifamily supply expected to dwindle by 2027 (PBJ 12/22)
Mexico/trade: A look at U.S. service export trends (FRBSL 12/22)
Prices/inflation: US tariffs are having an uneven effect on holiday prices and purchases (AP 12/15)
Public finance: Tucson to increase rates for four utility, business taxes (ADS 12/18)
Wages/income/wealth: The same but different (Brookings 12/11)
Workforce/employment/labor market: Young adults and the softening U.S. labor market: a warning sign? (FRBSL 12/15)