Free Markets, Free People

Economic Statistics for 10 Mar 16

Information revenue in the 4th Quarter of 2015 rose 1.8%, compared to the revised 0.7% in the 3rd Quarter.

The US Treasury reported a budget deficit of $-192.6 billion in February. The deficit is up 8.7% overall in 2016 compared to February 2015.

Initial weekly jobless claims fell 18,000 to 259,000. The 4-week average fell 2,500 to 267,500. Continuing claims fell 32,000 to 2.225 million.

The Bloomberg Consumer Comfort Index rose 0.2 points to 43.8 in the latest week.

The Fed’s balance sheet rose $2.6 billion last week, with total assets of $4.481 trillion. Reserve bank credit fell $-0.9 billion.

The Fed reports that M2 money supply rose by $14.0 billion in the latest week.

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