Economic Statistics for 26 Sep 13
The Commerce Department’s final revision for 2nd Quarter GDP was unchanged at an annualized growth of 2.5%.
Initial jobless claims fell 5,000 last week, to 305,000. The 4-week moving average fell 7,000 to 308,000. Continuing claims rose 35,000 to 2.823 million.
The Bloomberg Consumer Comfort Index rose 0.7 points to -28.1.
The Kansas City Fed Manufacturing Index reports manufacturing slowing in their district, with the index down 6 point to 2 for September.
Corporate profits for the 2nd Quarter were revised down to $1.821 trillion from the initial estimate of $1.830 trillion.
The Fed reports that M2 Money Supply increased by $4.0 billion last week.
The Fed’s balance sheet rose $11.8 billion last week, with total assets of $3.734 trillion. Reserve Bank credit increased $22.6 billion.