Economic Statistics for 3 Apr 14
Challenger reports that layoff announcements in March were 34,399, down from 41,835 in February.
The Gallup US Payroll to Population rate fell -0.4 points to 42.7 in March.
The US trade deficit rose to $42.3 billion in February from $39.3 billion in January.
Weekly initial jobless claims rose 16,000 to 326,000. The 4-week average rose 1,750 to 319,500. Continuing claims rose 22,000 to 2.836 million.
The PMI Services Index rose 2 points to 55.3 in March.
The Bloomberg Consumer Comfort Index rose 1.5 points to -30.0 in the latest week.
The ISM Non-Manufacturing Index rose 1.5 points to 53.1 in March.
The JP Morgan Global Composite PMI rose 0.5 points to 53.5 in March.
The Fed’s balance sheet rose $9.5 billion last week, with total assets of $4.236 trillion. Total reserve bank credit rose by $4.7 billion.
The Fed reports that M2 money supply grew $20 billion in the latest week.