Economic Statistics for 21 Apr 16
The Philadelphia Fed survey plunged from 12.4 to -1.6 in April, returning to it’s long run of negative readings.
The Chicago Fed’s National Activity Index worsened to -0.44 from -0.29. The 3-month average fell from -0.07 to -0.18.
The Conference Board’s index of Leading Indicators rose 0.1% to 0.2% in March.
The FHFA house price index rose 0.4% in February, while the year-on-year rate fell sharply to 5.6% from 6.0%.
Initial weekly jobless claims fell 6,000 to 247,000. The 4-week average fell 4,500 to 260,500. Continuing claims fell 39,000 to 2.127 million.
The Bloomberg Consumer Comfort Index fell -0.7 points to 42.9 in the latest week.
The Fed’s balance sheet fell $-9.6 billion last week, with total assets of $4.490 trillion. Reserve bank credit rose $3.7 billion.
The Fed reports that M2 money supply rose by $0.5 billion in the latest week.