Free Markets, Free People
Economic Statistics for 18 Oct 12
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.