Economic Statistics for 24 Jul 14
The Bloomberg Consumer Comfort Index rose 0.1 points to 37.6 in the latest week.
Weekly initial jobless claims fell a surprising 19,000 to 284,000. The 4-week average fell 7,000 to 302,000. Continuing claims fell 8,000 to 2.500 million.
The PMI Manufacturing Index Flash fell from 57.6 to 56.3 in July.
June new home sales fell very sharply to a 406,000 annual rate from May’s 504,000. Prices fell 3.2% to a median price of $273,500.
The Kansas City Fed manufacturing index rose to 9 in July from 6 in June.
The Fed’s balance sheet rose $12.5 billion last week, with total assets of $4.411 trillion. Total reserve bank credit rose $14.7 billion.
The Fed reports that M2 money supply fell $-12.4 billion in the latest week.