Free Markets, Free People

Economic Statistics for 6 Aug 15

Chain stores reporting sales today say that July was a weak month, with lower rates of year-on-year sales growth compared to June.

A major Army troop cut made for an outsized 105,696 layoff count in July, according to Challenger.

Gallup’s US Payroll to Population Employment Rate was unchanged at 45.5% in July.

Initial weekly jobless claims rose 3,000 to 270,00. The 4-week average fell 6,50 to 268,250. Continuing claims fell 14,000 to 2.255 million.

The Bloomberg Consumer Comfort Index fell -0.2 points to 40.3 in the latest week.

The Fed’s balance sheet rose $0.9 billion last week, with total assets of $4.486 trillion. Reserve bank credit fell $-9.0 billion.

The Fed reports that M2 money supply grew by $12.1 billion in the latest week.


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