Economic Statistics for 23 Jul 15
The Kansas City Fed Manufacturing Index continues to show deep contraction, though it rose to -7 from -9 in July.
The Conference Board’s Index of Leading Indictors rose 0.6% in June, pushed higher by a surge in Housing Permits.
The Chicago Fed National Activity Index moved back into positive territory in June, rising from -0.17 to 0.8.
Initial weekly jobless claims fell a startling 26,000 to 255,000, a 42-year low. The 4-week average fell 4,000 to 278,500. Continuing claims 9,000 to 2.207 million. Auto retooling, and temporary layoffs, always make jobless claims a very tricky number in July.
The Bloomberg Consumer Comfort Index dropped -0.8 points lower to 42.4 in the latest week.
The Fed’s balance sheet rose $11.7 billion last week, with total assets of $4.544 trillion. Reserve bank credit rose $12.0 billion.
The Fed reports that M2 money supply rose by $5.9 billion in the latest week.