Free Markets, Free People

Economic Statistics for 30 Jun 16

The volatile Chicago Purchasing Manager’s Index jumped from 49.3 to 56.8 in June.

Initial weekly jobless claims rose 10,000 to 268,000. The 4-week average is unchanged at 266,750. Continuing claims fell 20,000 to 2.120 million.

The Bloomberg Consumer Comfort Index fell -0.3 points to 43.9 in the latest week.

The Fed’s balance sheet fell $-15.5 billion last week, with total assets of $4.467 trillion. Reserve bank credit fell $-2.2 billion.

The Fed reports that M2 money supply rose by $18.1 billion in the latest week.

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