Economic Statistics for 28 Jun 12
The following statistics were released today on the state of the US economy:
The Commerce Department’s final estimate of first quarter GDP was unchanged at 1.9% annualized.
Initial claims for unemployment were a higher-than-expected 386,000. The 4-week moving average dropped 750 lower to 386,750.
The Bloomberg Consumer Comfort Index rose to -36.1, the highest level in two months.
The Kansas City Fed manufacturing index rebounded 6 points to a reading of 9 in May.