Free Markets, Free People

Economic Statistics for 15 Aug 16

The Treasury reports that foreign demand for long-term US fell from an inflow of $41.1 billion to a $-3.6 billion outflow in June. Foreigners bought US securities only lightly ($7.6B), while US investors were relatively heavy buyers ($11.2B) of foreign securities.

The Housing Market Index rose 1 point to 60 in August.

The Empire State Manufacturing Survey fell back into negative territory again, falling from 0.55 to -4.21 in August.

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