Economic Statistics for 16 May 13
Here are today’s statistics on the state of the economy:
The Consumer Price Index fell -0.4% in April, but rose 0.1% ex-food and -energy. On a year-over-year basis, the headline CPI is up 1.1% and the core is up 1.7%.
April housing starts fell -16.5% to a 0.853 million annual rate. Housing permits, conversely, jumped 14.3% to a 1.017 million annual rate.
Initial jobless claims rose 32,000 to 360,000, and the 4-week average rose 1,250 to 339,250. Continuing claims fell 4,000 to 3.009 million.
The Bloomberg Consumer Comfort Index slipped half a point to -30.2 in the latest week.
The Philadelphia Fed Survey slipped into negative territory in May, falling from 1.3 to -5.2.