Consumer Sentiment

September 13, 2019 The final estimate of consumer sentiment for September rose by a modest 2.2 points in September to 92.0 after having fallen 8.6 points in August .  Despite the drop the levels for consumer sentiment  in August and September are still quite lofty. ...

Retail Sales

September 13, 2019 Retail sales 0.4% in August.  But that follows gains of 0.4% in April, 0.5% in May, 0.4% in June, and 0.8% in July..    Any way you slice it, consumer spending remains solid.  During the past year retail sales have risen 4.0%, but in the past three...

Consumer Price Index

September 12, 2019 The CPI rose 0.1% in August after having risen 0.3% in July..  During the past year the CPI has risen 1.8%. Food prices were unchanged in August and rose 0.1% in both June and July.  Food prices have risen 1.7% in the past twelve months.  These...

Producer Price Index

September 11, 2019 The Producer Price Index for final demand – intermediate 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...

Gasoline Prices

September 11, 2019 Gasoline prices at the retail level fell $0.01 in the week ending September 9 to $2,55 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.30. The Department of Energy expects national gasoline...

Unemployment vs. Job Openings

September 10, 2019 The  Labor Department reported that job openings fell 0.4% in July to 7,217 thousand after declining 1.8% in June.  Job openings seem to be bouncing around from month to month at a very elevated level.  Indeed, there are far more job openings today...