by sslifer | Mar 17, 2025 | NumberNomics Notes, 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 bitter...
by sslifer | Mar 14, 2025 | Consumer, NumberNomics Notes
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 said,...
by sslifer | Mar 14, 2025 | Commentary for the Week, NumberNomics Notes
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,...
by sslifer | Mar 13, 2025 | Inflation, NumberNomics Notes
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 in...
by sslifer | Mar 12, 2025 | Inflation, NumberNomics Notes
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% in...
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