Free Markets, Free People

Economic Statistics for 10-11 Sep 14

Sorry about missing the econ stats yesterday. I’ll make it up today. What happened yesterday was that one of my laptops went TU, so I had to go to the store and replace it. In doing so, I switched from Win8 to a new Macbook Air 11”. So, for the first time in 15 years, I’m doing stuff on a Mac. Including this, my very first blog post from a Mac, ever. I’m also planning on getting an iPhone 6 and a jaunty beret.

Ha! Just kidding. I already have a couple of berets. Anyway, Economic statistics:

Weekly jobless claims rose 11,000 to 315,000. The 4-week average rose 1,250 to 304,000. Continuing claims rose 9,000 to 2.487 million.

The Bloomberg Consumer Comfort Index fell -1.2 points to 36.5, a five-week low.

Information technology revenue rose 0.8% in the 2nd Quarter of 2014, and is up 5.7% on a year-over-year basis.

The MBA reports that mortgage applications fell -7.2% last week, with purchases down 3.0% and refis down -11.0%.

Wholesale inventories rose 0.1% in July, but a 0.7% increase in sales dropped the stock-to-sales ratio to 1.16.

The Fed’s balance sheet rose $5.8 billion, with total assets of 4.421 trillion. Reserve bank credit rose $4.2 billion.

The Fed reports that M2 money supply rose by $10.3 billion in the latest week.


Dale’s social media profiles:
Twitter | Facebook | Google+

Tweet about this on TwitterShare on FacebookShare on Google+Share on TumblrShare on StumbleUponShare on RedditPin on PinterestEmail this to someone

One Response to Economic Statistics for 10-11 Sep 14