Economic Statistics for 9 Jan 14
The Challenger Job-Cut Report shows layoffs in December hit a recovery low of 30,623.
Gallup’s US Payroll to Population index for December fell to 42.9% from 43.7% in November.
Initial jobless claims fell 15,000 last week, to 330,000. The 4-week moving average fell 9,750 to 349,000. Continuing claims rose 50,000 to 2.865 million.
The Bloomberg Consumer Comfort Index rose 0.3 points to -28.4.
The Fed’s balance sheet rose $4.6 billion last week, with total assets of $4.028 trillion. Reserve Bank credit increased $1.2 billion.
The Fed reports that M2 Money Supply fell by $-10.2 billion last week.