Retail Sales

June 15, 2022 Retail sales surprisingly declined 0.3% in May. There were also downward revisions to earlier months.  Sales rose 0.7% in April (previously 0.9%) and 1.2% in March (previously 1.4%).  In the past year retail sales have climbed by 8.5%. Motor vehicle...

Gasoline Prices

June 15, 2022 Gasoline prices rose $0.13 in the week ending June 13 to $5.01 after having jumped $0.25 cents in the previous week.  This is the eighth straight weekly increase in gasoline prices.  In South Carolina gasoline prices tend to about $0.25 below the...

Producer Price Index

June 14, 2022 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 0.8% in May...

Small Business Optimism

June 14, 2022 . Small business optimism was fell 0.1 point in May to 93.1 after having been unchanged in April at 93.2 after having declined 2.4 points in March,as inflation concerns dampened the enthusiasm of small business owners. NFIB Chief Economist William...