retail sales data this week. Even though the impact of the auto workers strike will fade in November are contracts are ratified, the drag on manufacturing output should keep gross domestic product for the final quarter largely unchanged at 1.4%, according to our estimate. The declines in manufacturing orders cited earlier by a number of surveys showed up in Thursday’s data. Consumer goods, business equipment and business supply production dropped by 1.2%, 0.5% and 0.4%, respectively. Read more of RSM’s insights on manufacturing and the middle market. In a separate report from the Bureau of Labor Statistics, initial and continuing claims for unemployment insurance from last week added to an increasing number of reasons to expect a soft landing. New claims rose to 231,000, significantly higher than expected, yet not enough to signal a downturn. Continuing claims rose to 1.87 million, the highest since 2021. Because most of the increase in continuing claims took place in October, when a number of major strikes occurred, it is too soon to determine whether the upward trend will last or not.