Free Markets, Free People

Economic Statistics for 12 Jun 14

Weekly initial jobless claims rose 4,000 to 317,000. The 4-week average rose 5,000 to 315,250. Continuing claims rose 11,000 to 2.614 million.

Retail sales for May rose 0.3% overall, but were only up 0.1% less autos, and were unchanged from April less autos & gas.

Both export and import prices rose 0.1% in May. On a year over year basis, export prices rose 0.5%, as import prices rose 0.4%.

The Bloomberg Consumer Comfort Index rose o.4 points to 35.5 in the latest week.

Business inventories rose a higher than expected 0.6% in April, but a 0.7% sales increase kept the stock-to-sales ratio at 1.29.

The Fed’s balance sheet rose $10.0 billion last week, with total assets of $4.341 trillion. Total reserve bank credit rose by $8.8 billion.

The Fed reports that M2 money supply rose $10.9 billion in the latest week.

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One Response to Economic Statistics for 12 Jun 14

  • Internal Revenue Service informed the House Ways and Means Committee that they have lost Lois Lerner emails from a period of January 2009 – April 2011. 

    Incompetence .. thy center is Barack Obama