The following US economic statistics were announced today:

The general business conditions index of the Philadelphia Fed’s Business Outlook Survey improved to 5.7, up 8 points from last month’s –1.9.

After last week’s huge initially reported 30,000 drop, initial jobless claims rose 46,000 to 388,000, while the 4-week average rose 1000 to 365,500. Continuing claims fell 29,000 to 3.276 million.

The Bloomberg Consumer Comfort Index rose 1 point to –34.8.

The Conference Board’s index of leading indicators in September rose a sharp 0.6% for September.

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Dale Franks
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