Economic Statistics for 8 May 14
Those chain stores that still report monthly sales showed exceptionally good April sales, helped by warmer weather and a late Easter.
Weekly initial jobless claims fell 26,000 to 319,000. The 4-week average rose 4,7540 to 324,750. Continuing claims fell 76,000 to 2.685 million.
The Bloomberg Consumer Comfort Index fell -0.8 points to 37.1 in the latest week.
The Fed’s balance sheet rose $7.1 billion last week, with total assets of $4.303 trillion. Total reserve bank credit rose by $5.6 billion.
The Fed reports that M2 money supply rose $51.2 billion in the latest week.