Economic Statistics for 22 Sep 16
A tough week, including bad weather and a power outage has impacted my ability to keep up with the economic stats this week, but I think we’re back on track, now.
The Chicago Fed National Activity Index fell from 0.27 to -0.55 in August.
The FHFA House Price Index rose 0.5% in July, and is up 5.8% on a year-over-year basis.
Existing home sales softened in August, falling -0.9% to a 5.33 million annual rate. Sales are only up 0.8% on a year-over-year basis.
The Conference Board’s index of leading economic indicators fell -0.2% in August, retracting some of July’s 0.5% gain.
The Kansas City Fed Manufacturing Index rose from -4 to 6 in September.
Initial weekly jobless claims fell 8,000 to 252,000. The 4-week average fell 2,250 to 258,500. Continuing claims fell 36,000 to 2.113 million.
The Bloomberg Consumer Comfort Index fell -0.9 points to 41.3 in the latest week.
The Fed’s balance sheet fell $-8.6 billion last week, with total assets of $4.473 trillion. Reserve bank credit rose $2.9 billion.
The Fed reports that M2 money supply rose by $37.4 billion in the latest week.