Free Markets, Free People

Economic Statistics for 19 Nov 15

The Philadelphia Fed Business Outlook Survey moved back into positive territory in November, rising from -4.5 to 1.9.

The Conference Board’s index of leading economic indicators rose 0.6% in October.

Initial weekly jobless claims fell 5,000 to 271,000. The 4-week average rose 3,000 to 270,750. Continuing claims rose 2,000 to 2.167 million.

The Bloomberg Consumer Comfort Index fell -0.4 points to 41.2 in the latest week.

The Fed’s balance sheet fell $-5.3 billion last week, with total assets of $4.487 trillion. Reserve bank credit rose $7.2 billion.

The Fed reports that M2 money supply fell by $-13.4 billion in the latest week.

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