Free Markets, Free People


Economic Statistics for 11 Jul 13

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

The Bloomberg Consumer Comfort Index rose 0.2 points to -27.3 in the latest week, which is a 5-year high.

Initial jobless claims rose 16,000 to 360,000. The 4-week average rose 6,000 to 351,750, while continuing claims rose 24,000 to 2.977 million.

Export prices fell -0.1% in June, while import prices fell -0.2%. On a year-over-year basis, export prices are up 0.8% while import prices are up 0.2%.

June’s US Treasury budget shows a rare surplus of $116.5 billion, more than half of which is a bailout repayment of $66 billion by Fannie Mae and Freddie Mac.

The Fed reports that the M2 money supply grew by $81.1 billion in the latest week.

~
Dale Franks
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