Economic Statistics for 23 Jan 14
Initial jobless claims were unchanged at 326,000. The 4-week average fell 3,500 to 331,500. Continuing claims rose 34,000 to 3.056 million.
Sales of existing homes rose 1.0% in December to a lower-than-expected 4.87 million annual rate.
The Markit PMI manufacturing index flash reading for January dropped –0.7 points to 53.7.
The Chicago Fed National Activity Index fell to 0.16 in December from a revised 0.69.
The FHFA House Price Index rose 0.1% in November, a 7.6% increase from a year ago.
The Bloomberg Consumer Comfort Index was unchanged at -31 in the latest week.
The Conference Board’s index of leading indicators rose 0.1% in December, after a strong 1.0% increase in November.
The Kansas City Fed Manufacturing Index rose from -3 to 5 in January.
The Fed’s balance sheet rose $26.4 billion last week, with total assets of $4.098 trillion. Reserve Bank credit increased $37.7 billion.
The Fed reports that M2 money supply rose by $26.0 billion in the latest week.