Free Markets, Free People

Economic Statistics for 18 Aug 16

The Philadelphia Fed survey went positive, rising from-2.9 to 2.0 in August.

The Conference Board’s Index of Leading Indicators for August rose 0.4%.

Initial weekly jobless claims fell 4,000 to 262,000. The 4-week average rose 2,500 to 265,250. Continuing claims rose 15,000 to 2.175 million.

The Bloomberg Consumer Comfort Index rose 1.8 points to 43.6 in the latest week.

The Fed’s balance sheet fell $-2.5 billion last week, with total assets of $4.467 trillion. Reserve bank credit rose $10.4 billion.

The Fed reports that M2 money supply rose by $5.6 billion in the latest week.

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