Free Markets, Free People

Economic Statistics for 17 Dec 15

The Philadelphia Fed Business Outlook Survey fell back into negative territory again, facing 6 points to -5.9 in December.

The US current account deficit grew sharply in the 3rd quarter, to $-124.1 billion from a revised $-111.1 billion in the 2nd quarter.

The Conference Board’s Index of leading Indicators rose by 0.4% in November.

Initial weekly jobless claims fell 11,000 to 271,000. The 4-week average fell 250 to 270,500. Continuing claims fell 7,000 to 2.238 million.

The Bloomberg Consumer Comfort Index rose 0.8 points to 40.9 in the latest week.

The Fed’s balance sheet rose $9.2 billion last week, with total assets of $4.490 trillion. Reserve bank credit rose $12.9 billion.

The Fed reports that M2 money supply rose by $15.4 billion in the latest week.


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