Economic Statistics for 20 Jun 13
Here are today’s statistics on the state of the economy:
Initial jobless claims jumped 18,000 to 354,000. The 4-week average rose 3,000 to 348,250. Continuing claims fell 40,000 to 2.951 million.
The PMI Manufacturing Index Flash rose 0.3 to 52.2 in June.
The Bloomberg Consumer Comfort Index was -29.4 last week, the least negative in 13 months.
May Existing Home Sales rose 4.2% to an annual 5.18 million, a rate that is 12.9% higher than a year ago.
The Philadelphia Fed Survey shows a huge jump in June from -5.2 to 12.5.
The Conference Board’s index of leading indicators rose by only 0.1% in May, suggesting flat economic conditions six months from now.