High-Frequency Update: 8-3-25
U.S. TSA traveler throughput was stable last week
Arizona initial claims for unemployment insurance fell to 3,479 for the week ended July 26, down from 3,722 the prior week. That was down 10.5% over the year and down 13.4% from 2019.
U.S. initial claims for unemployment insurance plunged to 193,119 for the week ended July 26, down from 216,023 the prior week. That was down 10.9% over the year but up 7.9% from 2019.
The U.S. hotel occupancy rate ticked down to 71.5% for the week ended July 26, down from 71.6% the prior week. That was down 0.7% over the year and down 7.7% from 2019.
U.S. movie box office sales rose to $265.5 million for the week ended July 31, up from $202.5 million the prior week. That was down 36.3% over the year but up 5.3% from 2019. New movie releases were down 44.0% from 2019.
U.S. TSA traveler throughput was unchanged for the week ended July 26, at 19.6 million. That was up 0.7% over the year and up 7.6% from 2019.
Weekly data on Arizona new business applications continue to be published by the Census Bureau, but only on a monthly basis. In June, weekly new business applications ranged from 650 to 970. Overall, applications were up significantly over the year in June.
Data on seated diners at restaurants using the OpenTable app is no longer being updated to compare the current week to 2019 results.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: Arizona ranks top 3 in U.S. for income gains, but growth slows in 2025, new data shows (AR 7/29)
Automation / AI: What to make of the Trump administration’s AI Action Plan (Brookings commentary 7/31)
Demographic / socioeconomic / Census: Schools, food banks and farmers feel the sting of federal cuts (Governing 8/1)
Economy: The U.S. economy rebounds to 3% growth in second quarter – but tariffs skew picture (NPR 7/30)
Education / early childhood development: New federal school voucher program poses a quandary for states: opt in or opt out? (Stateline 7/30)
Energy / environment / infrastructure: People living in these homes are more likely to die from heat in Arizona (AR 7/31)
Housing / real estate: Housing trends: older households are moving less, and multigenerational living is rising (FRBB 7/8)
Mexico/trade: Here’s how a major Mexican tomato exporter is affected by Trump’s 17% tariff (AZPM 7/27)
Prices/inflation: Trump gets tariffs; Americans get price hikes (Reuters 7/29)
Wages/income/wealth: Has pay kept up with inflation? (Brookings 7/31)
Workforce/employment/labor market: Characteristics of minimum wage workers, 2024 (BLS)