Arizona initial claims for unemployment insurance bounced up to 4,219 for the week ended May 25, up from 3,918 the prior week. That was up 3.5% over the year and up 2.2% from 2019.
U.S. initial claims for unemployment insurance rose modestly for the week ended May 25 to 195,615. That was up from 192,717 the prior week but down 6.0% over the year and down 1.3% from 2019.
The U.S. hotel occupancy rate rose 1.3% over the year for the week ended May 25. The rate also rose to 67.7% over the week, up from 67.4%. Even so, the hotel occupancy rate was down 4.9% from 2019.
U.S. movie box office sales spiked to $161.3 million for the week ended May 30, with the release of Furiosa: A Mad Max Saga. That was up from $129.5 million the prior week. Sales were down 35.3% over the year and down 43.1% from 2019. New movie releases were down 50.4% from 2019.
U.S. TSA traveler throughput rose to 18.8 million for the week ended May 25. That was up 7.4% over the year and up 6.8% from 2019.
Arizona new business applications rose to 700 for the week ended May 25, up from 620 the prior week. That was down 2.8% over the year.
Data on seated diners at restaurants using the OpenTable app is no longer being updated to compare the current week to 2019 results.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.
Weekly Indicators
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Note: The official initial claims for unemployment insurance numbers for the U.S. are released every Thursday morning covering the week ending on the previous Saturday.
Note: See (http://www.eia.doe.gov/oil_gas/petroleum/data_publications/wrgp/mogas_home_page.html) for further definitions. Regular Gasoline has an antiknock index (average of the research octane rating and the motor octane number) greater than or equal to 85 and less than 88. Octane requirements may vary by altitude.
The U.S. Census Bureau continues to produce weekly estimates; however, the weekly estimate files are published as part of the
Monthly Business Formation Statistics (BFS) Release.One key dataset with these estimates is High-Propensity Business Applications, a subset of total weekly business applications in Arizona that measures the number of applications with a high-propensity of turning into a business with a payroll, based on various factors. These data reflect weekly applications for Employer Identification Numbers (EINs) in Arizona which are likely to result in employment and wages. These include applications: (a) from a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages-paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31-33), retail stores (44), health care (62), or restaurants/food service (72). Applications for EINs occur before the jobs and wages are added, so this is a leading indicator.
Read more about the Business Application dataset from the
U.S. Census Bureau.
