Free Markets, Free People


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.

~
Dale Franks
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