Economic Statistics for 30 Oct 14
The initial estimate for 3rd Quarter 2014 GDP came in at 3.5% annualized, led by personal consumption expenditures. The GDP price index rose at 1.3% annualized.
Initial weekly jobless claims rose 3,000 to 287,000. The 4-week average fell 250 to 281,000. Continuing claims rose 29,000 to 2.384 million.
The Bloomberg Consumer Comfort Index fell -0.5 points to 37.2 in the latest week.
The Fed’s balance sheet rose $5.1 billion last week, with total assets of 4.536 trillion. Reserve bank credit rose $14.2 billion.
The Fed reports that M2 money supply rose by $42.5 billion in the latest week.