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Economic Statistics for 28 Mar 13

Here are today’s statistics on the state of the economy:

The final GDP estimate for 4th Quarter of 2012 came in at 0.4% annualized. The GDP price index, an inflation measure, rose 1.0%.

Initial jobless claims rose 16,000 to 357,000 last week. The 4-week average rose 3,250 to 343,000. Continuing claims fell 27,000 to 3.050 million, a recovery low.

The Chicago Purchasing Managers Index unexpectedly fell to 52.4 in March from 56.8.

Corporate profits in the 4th Quarter of 2012 rose 7.5% to $1.774 trillion annualized, up from $1.742 trillion in the third quarter.

The Bloomberg Consumer Comfort Index fell -1.5 points to -34.4 in the latest week.

The Kansas City Fed Manufacturing Index rose 5 points to -5 in March.

~
Dale Franks
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