Economic Statistics for 21 Nov 13
Initial jobless claims fell 16,000 last week, to 323,000. The 4-week moving average fell 6,750 to 338,500. Continuing claims rose 66,000 to 2,876 million.
The October Producer Price Index declined -0.2% overall, but rose o.2% less food and energy. On a year-over-year basis, the PPI rose 0.3% at the headline level, and up 1.4% at the core.
Markit Economics’ PMI Manufacturing Index Flash rose more than three points to 54.3 in November.
The Bloomberg Consumer Comfort Index fell -1.3 points to -34.6.
The Philadelphia Fed Survey’s General Business Conditions Index fell from 19.8 in October to 6.5 in November.
The Fed’s balance sheet fell $-0.8 billion last week, with total assets of $3.907 trillion. Reserve Bank credit increased $35.1 billion.
The Fed reports that M2 Money Supply decreased by $-24.9 billion last week.