High-Frequency Update: 2-15-26
Arizona new business applications remained strong last month
Arizona initial claims for unemployment insurance ticked up to 2,529 for the week ended February 7, up from 2,500 the prior week. That was down 17.7% over the year and down 23.6% from 2019.
U.S. weekly initial claims for unemployment insurance dropped to 248,397 for the week ended February 7, down from 252,952 the prior week. That was up 6.7% over the year and up 2.3% from 2019.
The U.S. hotel occupancy rate rose to 56.4% for the week ended February 7, up from 54.0% the prior week. That was up 0.9% over the year but down 5.8% from 2019.
U.S. movie box office sales fell to $81.1 million for the week ended February 12, down from $108.9 million the prior week. That was up 6.4% over the year but down 53.3% from 2019. New movie releases were down 34.3% from 2019.
U.S. TSA traveler throughput rose to 14.5 million for the week ended February 7, up from 13.0 million the prior week. That was up 1.6% over the year and up 13.2% 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 January ranged from a high of 920 to a low of 200 during the holiday week. Overall, new business applications remain strong, compared to pre-pandemic levels.
Data on seated diners at restaurants using the OpenTable app is no longer being updated to compare the current week to 2019 results.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: Autonomous truck operator expands to Phoenix (AR 2/13)
Automation / AI: AI agents emerge as a key retail trend for Southern Arizona businesses (ITB 2/9)
Demographic / socioeconomic / Census: US births dropped last year, suggesting the 2024 uptick was short-lived (AP 2/6)
Federal statistics: Do government shutdowns affect subsequent data revisions? (FRBSL 2/10)
Economy: How important is the services sector to the U.S. economy? (FRBSL 2/11)
Education / early childhood development: Are young college graduates losing their edge in the job market? (FRBC 11/24)
Energy / environment / infrastructure: The Colorado River is having its driest winter in decades (KJZZ 2/9)
Housing / real estate: Where are mortgage delinquencies rising the most? (FRBNY 2/10)
Commercial real estate: Not a bust, but a reset: Tucson’s commercial real estate market finds its new (ITB 2/9)
Mexico/trade: The causal effects of tariff uncertainty on consumers’ macroeconomic expectations and spending plans (FRBC 2/11)
Prices/inflation: Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool (AP 2/13)
Public finance: State reserves shrink for the first time since the Great Recession (Governing 2/11)
Wages/income/wealth: Are baby boomers wealthier than previous generations of older adults? (Pew 2/11)
Workforce/employment/labor market: Healthcare jobs have become the engine of America’s labor market (WSJ 2/11)