by sslifer | Apr 9, 2021 | Inflation, NumberNomics Notes
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 March...
by sslifer | Apr 8, 2021 | Inflation, NumberNomics Notes
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 per...
by sslifer | Apr 6, 2021 | Employment, NumberNomics Notes
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...
by sslifer | Apr 5, 2021 | NumberNomics Notes, Purchasing Managers Index
April 5, 2021 The Institute for Supply Management not only publishes an index of manufacturing activity each month, they publish two days later a survey of service sector firms. The service sector business activity index surged by 13.9 points in March from 55.5 to...
by sslifer | Apr 2, 2021 | NumberNomics Notes, Retail 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...
by sslifer | Apr 2, 2021 | Employment, NumberNomics Notes
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 weather...
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