Free Markets, Free People


Economic Statistics for 27 Jun 13

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

Initial jobless claims fell 9,000 to 346,000. The 4-week average fell 2,750 to 345,750, while continuing claims fell 1,000 to 2.965 million.

The Bloomberg Consumer Comfort Index rose 0.9 points to -28.3 in the latest week.

Personal income rose 0.5% in May, while spending rose 0.3%. The PCE price index rose 0.1% at both the headline and core rates. On a year-over-year basis, personal income rose 3.3%, while spending rose 2.9%. The PCE price index rose 1.0% at the headline rate and 1.1% at the core rate.

The Pending Home Sales Index rose 6.7% in May, to 112.3.

The Kansas City Fed Manufacturing Index fell to -5 in June from 2 in May.

The Fed reports that the M2 money supply rose by $3.9 billion in the latest week.

~
Dale Franks
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