Free Markets, Free People

Economic Statistics for 7 Apr 16

Chain stores that reported sales today are reporting weaker sales for March than February.

Initial weekly jobless claims fell 9,000 to 267,000. The 4-week average rose 3,500 to 266,750. Continuing claims rose 19,000 to 2.191 million.

The Bloomberg Consumer Comfort Index fell -0.2 points to 42.6 in the latest week.

The Fed’s balance sheet rose $1.2 billion last week, with total assets of $4.484 trillion. Reserve bank credit fell $-1.0 billion.

The Fed reports that M2 money supply rose by $69.3 billion in the latest week.


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