Economic Statistics for 18 Dec 14
Markit’s PMI services flash for December fell -2.7 points from the final November reading to 53.6.
The Philadelphia Fed Survey fell to a very strong 24.5 in December, from November’s unusually high 40.8.
The Conference Board’s index of leading indicators rose 0.6% in December, following November’s 0.9% gain.
Initial weekly jobless claims 6,000 to 289,000. The 4-week average fell 500 to 298,750. Continuing claims fell 147,000 to 2.373 million.
The Bloomberg Consumer Comfort Index rose 0.4 points to 41.7 in the latest week, hitting a 7-year high.
The Fed’s balance sheet rose $13.4 billion last week, with total assets of 4.502 trillion. Reserve bank credit rose $16.1 billion.
The Fed reports that M2 money supply rose by $5.3 billion in the latest week.