Free Markets, Free People

Economic Statistics for 28 Jul 16

The deficit in America’s international trade in goods expanded to $-63.3 billion as exports rose 0.9% but imports rose 1.8% in June.

Wholesale inventories are unchanged in the preliminary July report.

The Kansas City Fed Manufacturing Index for July dropped from 2 to -6.

Initial weekly jobless claims rose 14,000 to 266,000. The 4-week average fell 1,000 to 256,500. Continuing claims rose 7,000 to 2.139 million.

The Bloomberg Consumer Comfort Index was unchanged at 42.9 in the latest week.

The Fed’s balance sheet fell $-16.5 billion last week, with total assets of $4.465 trillion. Reserve bank credit fell $-4.3 billion.

The Fed reports that M2 money supply rose by $34.7 billion in the latest week.


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