Economic Statistics for 14 Jan 16
Import/export prices continued to sink in December, with prices for exports down -1.1% and imports down -1.2%. On a year-over-year basis, import prices have fallen -8.2% and export prices are down -6.5%.
Initial weekly jobless claims rose 7,000 to 284,000. The 4-week average rose 3,000 to 278,750. Continuing claims rose 29,000 to 2.263 million.
The Bloomberg Consumer Comfort Index rose 0.2 points to 44.4 in the latest week.
The Fed’s balance sheet rose $15.1 billion last week, with total assets of $4.502 trillion. Reserve bank credit rose $3.7 billion.
The Fed reports that M2 money supply fell by $-16.7 billion in the latest week.