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Economic Statistics for 27 Feb 14

Durable goods orders fell -1.0% in January on weak transportation orders. Ex-transportation orders rose 1.1%. On a year-over-year basis, orders are up 4.6%, with ex-transportation orders up 1.2%.

Initial jobless claims rose 14,000 to 328,000. The 4-week average fell 250 to 338,250, while continuing claims rose 8,000 to 2.964 million.

The Bloomberg Consumer Comfort Index rose 2.0 points to -28.6 in the latest week.

The Kansas City Fed manufacturing index fell 1 point to 4 in February.

The Fed’s balance sheet rose $10.7 billion last week, with total assets of $4.160 trillion. Reserve Bank credit increased $8.4 billion.

The Fed reports that M2 money supply rose by $35.9 billion in the latest week.


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