Economic Statistics for 21 Jan 16
The Philadelphia Fed Survey gained back some of it’s negative ground in January, rising from -5.9 to -3.5.
Initial weekly jobless claims rose 10,000 to 293,000. The 4-week average rose 14,250 to 285,000. Continuing claims fell 56,000 to 2.228 million.
The Bloomberg Consumer Comfort Index fell -0.4 points to 44.0 in the latest week.
The Fed’s balance sheet fell $-12.9 billion last week, with total assets of $4.489 trillion. Reserve bank credit rose $5.3 billion.
The Fed reports that M2 money supply rose surprisingly sharply, up $173.3 billion in the latest week.