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Economic Statistics for 21 Mar 13

Here are today’s statistics on the state of the economy:

Initial jobless claims rose 2,000 to 336,000. The 4-week average fell 7,500 to 339,750, while continuing claims rose 5,000 to 3.053 million.

The Philadelphia Fed Survey jumped 14.5 points in March, to a positive reading of 2.0.

Existing home sales rose 0.8% in February, to an annualized pace of 4.98 million, thanks to a rise in the supply of available homes.

The PMI Manufacturing Index Flash fell 0.3 points in March, to a still-positive 54.9.

The FHFA House Price Index rose 0.6% in January, up 6.5% on a year-over-year basis.

The Bloomberg Consumer Comfort Index fell 2.3 points to -33.9 in the latest week.

The Index of Leading Economic Indicators, which indicate economic conditions six months from now, rose a better-than-expected 0.5% in February.

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Dale Franks
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