Economic Statistics for 19 May 16
The Philadelphia Fed survey went into slightly more negative territory in May, down -0.2 to -1.8.
Conversely, the Chicago Fed National Activity Index turned positive, rising 0.55 points to 0.10 for May.
The Conference Board’s index of leading economic indicators shot up 0.6% in April.
Initial weekly jobless claims fell 16,000 to 278,000. The 4-week average rose 7,500 to 275,750. Continuing claims fell 13,000 to 2.152 million.
The Bloomberg Consumer Comfort Index rose 0.9 points to 42.6 in the latest week.
The Fed’s balance sheet fell $-4.7 billion last week, with total assets of $4.474 trillion. Reserve bank credit rose $8.9 billion.
The Fed reports that M2 money supply fell by $-9.7 billion in the latest week.