Free Markets, Free People

Economic Statistics for 13 Oct 16

Import prices rose 0.1% in September, while export prices rose 0.3%. On a year-over-year basis, import prices fell -1.1% while export prices declined-1.5%.

Initial weekly jobless claims fell 6,000 to 246,000. The 4-week average fell 3,250 to 249,250. Continuing claims fell 16,000 to 2.046 million.

The Bloomberg Consumer Comfort Index rose 0.7 points to 42.1 in the latest week.

The Fed’s balance sheet fell $-1.7 billion last week, with total assets of $4.458 trillion. Reserve bank credit fell $-0.9 billion.

The Fed reports that M2 money supply fell by $-8.0 billion in the latest week.

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