Free Markets, Free People

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.


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