Free Markets, Free People

Economic Statistics for 9 Apr 15

Chain stores are reporting generally good sales for March today, as an early Easter pulled sales from April.

Wholesale inventories rose 0.3% in February, while a -0.2% drop in sales left the stock-to-sales ratio at a boated 1.29.

Initial weekly jobless claims rose 14,000 to 281,000. The 4-week average fell 3,000 to 282,250. Continuing claims fell 23,000 to 2.304 million.

The Bloomberg Consumer Comfort Index rose 1.7 points to 47.9 in the latest week.

The Fed’s balance sheet rose $1.6 billion last week, with total assets of $4.483 trillion. Reserve bank credit rose $0.7 billion.

The Fed reports that M2 money supply rose by $10.5 billion in the latest week.

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