Free Markets, Free People

Economic statistics for 13 Oct 11

Today’s economic statistical releases:

The US trade balance was little changed from a deficit of -$44.8 billion in July to -$45.6 billion in August.

Initial claims for unemployment dropped 1,000 to 404,000 from last week’s revised 405,000. Last week was originally reported at 401,000. Anything above 400,000 isn’t very good.

The Bloomberg Consumer Comfort Index hovered at a historic low of -50.8 last week, as American consumer pessimism increased.

~
Dale Franks
Google+ Profile
Twitter Feed

Tweet about this on TwitterShare on FacebookShare on Google+Share on TumblrShare on StumbleUponShare on RedditPin on PinterestEmail this to someone

One Response to Economic statistics for 13 Oct 11