Economic Statistics for 21 Jul 16
Existing home sales rose 1.1% in June, to a solid 5.570 million annual rate. Sales are up 3.0% on a year-over-year basis.
The Conference Board’s Index of leading Economic Indicators rose 0.3% in June.
The Philadelphia Fed Business Outlook Survey fell from 4.7 to -2.9 in July.
The Chicago Fed National Activity Index rose from -0.51 to 0.16 in June.
The FHFA House Price Index rose 0.2% in May. The index is up 5.6% on a year-ago basis.
Initial weekly jobless claims fell 1,000 to 253,000. The 4-week average fell 1,250 to 257,750. Continuing claims fell 25,000 to 2.128 million.
The Bloomberg Consumer Comfort Index fell -1.8 points to 42.9 in the latest week.
The Fed’s balance sheet rose $8.8 billion last week, with total assets of $4.480 trillion. Reserve bank credit rose $7.7 billion.
The Fed reports that M2 money supply rose by $25.0 billion in the latest week.