Free Markets, Free People

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.


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