Economic Statistics for 09 Jun 16
Wholesale inventories rose a sharp 0.6% in April, but a 1.0% rise in wholesale sales reduced the stock-to-sales ratio to 1.35.
Initial weekly jobless claims fell 4,000 to 264,000. The 4-week average fell 7,500 to 269,500. Continuing claims fell 77,000 to 2.095 million.
The Bloomberg Consumer Comfort Index was unchanged at 43.2 in the latest week.
The Fed’s balance sheet rose $2.2 billion last week, with total assets of $4.464 trillion. Reserve bank credit rose $1.1 billion.
The Fed reports that M2 money supply fell by $-11.0 billion in the latest week.