Economic Statistics for 14 May 15
Initial weekly jobless claims fell 1,000 to 264,000. The 4-week average fell 7,750 to 271,750. Continuing claims were unchanged at 2.229 million.
The Bloomberg Consumer Comfort Index fell -0.2 points to 43.5 in the latest week.
Producer Prices for Final Demand fell -0.4% in April. PPI-FD less food and energy fell -0.2%, but rose 0.1% less food, energy and trade services. Goods prices fell -0.7%, and Services prices fell -0.1%. On a year over year basis:
Less Food and Energy: 0.8%
Less Food, Energy, Trade Services: 0.7%
The Fed’s balance sheet rose $28.5 billion last week, with total assets of $4.501 trillion. Reserve bank credit rose $6.3 billion.
The Fed reports that M2 money supply rose by $27.6 billion in the latest week.