Economic Statistics for 23 Apr 15
Coming after yesterday’s strong existing home sales, new home sales for March were very disappointing, falling sharply by -11.4% to a 481,000 annual rate.
The Markit PMI manufacturing index flash for April fell -1.1 points to 54.2.
The Bloomberg Consumer Comfort Index fell -1.2 points to 45.4 in the latest week.
Initial weekly jobless claims rose 1,000 to 295,000. The 4-week average rose 1,750 to 284,500. Continuing claims rose 50,000 to 2.325 million.
The Fed’s balance sheet rose $4.3 billion last week, with total assets of $4.490 trillion. Reserve bank credit fell $-1.4 billion.
The Fed reports that M2 money supply fell by $-40.6 billion in the latest week.