Industrial Production

November 15, 2019 Industrial production plunged 0.8% in October after having fallen  0.3% in September after having jumped 0.7% in August.   However, a large part of the declines in both September and October  were  attributable to the General Motors strike which...

Retail Sales

November 15, 2019 Retail sales rose 0.3% in October after  having fallen 0.3% in September. But that follows gains of 0.4% in April, 0.5% in May, 0.4% in June, 0.7% in July and 0.6% in August..    Any way you slice it, consumer spending remains solid.  During the past...

Producer Price Index

November 14, 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 for...

Initial Unemployment Claims

November 14, 2019 Initial unemployment claims rose 14 thousand in the week ending November 9 to 225 thousand.  The four-week average of claims rose 2 thousand to 217 thousand.  The 4-week average for the week of April 13 of 202 thousand was the lowest for the current...

Consumer Price Index

November 13, 2019 The CPI jumped 0.4% in October after having been unchanged in September.  During the past year the CPI has risen 1.8%. Food prices fell 0.2% in October after having risen 0.5% in September.  Food prices have risen 2.0% in the past twelve months. ...

Small Business Optimism

November 12, 2019 .Small business optimism rose 0.6 point in October to 102.4 after having fallen 1.5 points in September.  The August 2018  level of 108.8  broke the previous record high level of 108.0 set 35 years ago back in July 1983.  The current level of...