Free Markets, Free People

Economic Statistics for 18 Feb 16

The Conference Board’s index of leading indicators fell -0.2% in January.

The Philadelphia Fed Business Outlook Survey remained negative in February, coming in at -2.8.

Initial weekly jobless claims fell 7,000 to 262,000. The 4-week average fell 8,000 to 273,250. Continuing claims  rose 30,000 to 2.273 million.

The Bloomberg Consumer Comfort Index fell -0.2 points to 44.3 in the latest week.

The Fed’s balance sheet fell $-2.7 billion last week, with total assets of $4.484 trillion. Reserve bank credit rose $12.6 billion.

The Fed reports that M2 money supply fell by $-73.1 billion in the latest week.

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