Producer Price Index

April 9, 2021 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 rose 1.0% in...

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Gasoline Prices

April 8, 2021 Gasoline prices were essentially unchanged  in the week ending April 5 at $2.86 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.61`.  The EIA expect gasoline prices nationally to average $2.66...

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Unemployment vs. Job Openings

April 6, 2021 The  Labor Department reported that job openings rose 3.8% in February to 7,367 thousand after rising 5.1% in January  The record high level for job openings was 7,574 thousand back in November 2018.  With as many job openings as their are, it is...

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Car and Truck Sales

April 2 2021 Unit car and truck sales surged by 12.6% in March to a 17.747 million pace after having declined 5.% in February.  Unfortunately, there is not a lot of real news here because the weather was so bad in February as a series of snow and ice storms spread...

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Payroll Employment

April 2, 2021 Payroll employment rose 916 thousand in March after having risen 468 thousand in February ( previously 379 thousand) and 233 thousand in February (previously 166 thousand).  The February increase was undoubtedly held in check by the extreme bad...

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Private Employment

April 2, 2021 Private sector employment rose 780 thousand in March after having risen 558 thousand in February. The February increase was undoubtedly held in check by the extreme bad weather in that month, and the March gain was bolstered by a rebound from the bad...

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Unemployment Rate

April 2 2021 The unemployment rate fell 0.2% in March to 6.0% after having declined 0.1% in February and 0.4% in January.  After having jumped 10.3 percentage points in April from 4.4% to 14.7% the unemployment rat has been steadily declining.  The labor force rose...

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