Economists characterized last week's increase as most likely a blip caused by some one-time factors and partly a result of the inevitable bumpiness in the week-to-week data.
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In response, businesses have scrambled to meet the unexpected surge in customer demand.
Virgin Galactic founder Richard Branson, center, is greeted by school children Sunday before heading to board the rocket plane that flew him t…
Virgin Galactic already has more than 600 reservations from would-be space tourists, with tickets initially costing $250,000 apiece.
The four-week average of applications is now 394,500 — the lowest such level since the pandemic erupted in March of last year.
Economists believe that economic growth has continued to accelerate in the current quarter, which ends this month, as vaccinations become widespread.