Industrial Production
March 18, 2025 Industrial production for February climbed 0.7% after having risen 0.3% in January and 1.1% in December. the February increase was attributable in large part to a dramatic 8.5% increase in automobile output. Breaking industrial production down into...
Housing Starts
March; 18, 2025 Housing starts surged by 11.2% in February to 1,501 thousand after plunging 11.5% in January. The January decline reflected the brutally cold, snowy weather that existed in that month and the wildfires that devasted much of the Los Angeles area. ...
Homebuilder Confidence
March 17, 2025 This series declined 3 points in March to 39 after having fallen 5 points in February and rising 1 point in January. This is the lowest reading for this index since December 2023 Builders are worried about the imposition of tariffs, still high...
Retail Sales
March 17, 2025 Retail sales rose 0.2% in February after having fallen 1.2% in January and having risen 0.7% in December. In the past year retail sales have risen 3.2% The wildfires in California that raged from January 7 through the end of January, and the...
Consumer Sentiment
March 14, 2025 The preliminary estimate of consumer sentiment for March fell 9.8 points to 57.0 after having declined 3,4 points in February and 2.9 points in January. The January level is the lowest since November 2022. Surveys of Consumers Director Joanne Hsu...
Confidence Sinks – Will the Economy Follow?
March 13, 2025 Americans have never experienced the chaotic policy-making that has come from Washington in the past two months. The on-again off-again tariffs, massive layoffs of federal government workers and the roundup of illegal immigrants, have made consumers,...
Producer Price Index
March 13, 2025 The Producer Price Index for final demand includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand was unchanged...
Initial Unemployment Claims
March 13, 2025 Initial unemployment claims declined 2 thousand in the week ending March 8 to 220 thousand after falling 20 thousand in the previous week. There is no evidence that the labor market has been affected by layoffs thus far. However, we know that...
Consumer Price Index
March 12, 2025 The CPI rose 0.2% in February after jumping 0.5% in January and 0.4% in December. The year-over-year increase is 2.8%. We now expect the overall CPI to increase 3.2% in 2025. Food prices rose 0.2% in February after climbing 0.4% in January and 0.3%...
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