Economic Statistics for 19 Jun 14
The general conditions index of the Philadelphia Fed Survey rose 2.4 points to a very strong 17.8.
The Conference Board’s index of leading economic indicators rose 0.5 percent in May, following April’s 0.3% rise.
Weekly initial jobless claims fell 6,000 to 312,000. The 4-week average fell 3,000 to 311,750. Continuing claims fell 54,000 to a new recovery low of 2.561 million.
The Bloomberg Consumer Comfort Index rose 1.6 points to 37.1 in the latest week, near recovery highs.
The Fed’s balance sheet increased $27.3 billion last week, with total assets of $4.368 trillion. Total reserve bank credit rose by $28.8 billion.
The Fed reports that M2 money supply fell $-9.3 billion in the latest week.