Economic Statistics for 31 Dec 15
The Chicago PMI plunged -5.8 points to a recessionary 42.9. I suspect the national PMI will be significantly better, though.
Initial weekly jobless claims jumped 20,000 to 287,000. The 4-week average rose 4,500 to 277,000. Continuing claims rose 3,000 to 2.198 million.
The Bloomberg Consumer Comfort Index rose 1.4 points to 43.6 in the latest week.
The Fed’s balance sheet fell $-9.9 billion last week, with total assets of $4.487 trillion. Reserve bank credit fell $-6.1 billion.
The Fed reports that M2 money supply rose by $53.1 billion in the latest week.