Economic Statistics for 12 Sep 13
The Bloomberg Consumer Comfort Index rose 0.2 points to -32.1 in the latest week.
The Fed’s balance sheet rose $7.9 billion last week, with total assets of $3.662 trillion. Reserve Bank credit increased $8.9 billion.
Initial jobless claims fell a surprising 31,000 last week, to 292,000. This is apparently due to some computer issues which are believed to have led to an undercount. The 4-week moving average fell 7,500 to 321,250, Continuing claims fell 73,000 to 2.871million.
The Fed reports that M2 Money Supply increased by $11.8 billion last week.
Export prices fell -0.5% in August, while import prices were unchanged. On a year-over-year basis, export prices have fallen -1.1% while import prices fell -0.4%.
The Federal Government’s budget deficit for August was a heavy $-147.9 billion.