Arizona initial claims for unemployment insurance dropped to 4,028 for the week ended June 1, down from 4,219 the prior week. That was up 0.6% over the year but down 1.2% from 2019.
U.S. initial claims for unemployment insurance dropped 11.2% over the year for the week ended June 1, reaching 195,430. That was down from 197,164 the prior week but up 3.1% from 2019.
The U.S. hotel occupancy rate fell to 62.0% for the week ended June 1, down from 67.7% the prior week. That was up 0.6% over the year but down 3.9% from 2019.
U.S. movie box office sales plummeted to $100.4 million for the week ended June 6, down from $161.4 million the prior week. That was down 65.8% over the year and down 60.0% from 2019. New movie releases were down 53.3% from 2019.
U.S. TSA traveler throughput ticked down from 18.8 million the prior week to 18.0 million for the week ended June 1. That was up 8.2% over the year and up 9.4% from 2019.
Arizona new business applications fell to 560 for the week ended June 1, down from 700 the prior week. That was down 5.1% 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Data on seated diners at restaurants using the OpenTable app is no longer being updated to compare the current week to 2019 results.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.
