Producer Price Index

October 14, 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 0.5% in...

Initial Unemployment Claims

October 14, 2021 Initial unemployment claims for the week of October 9 fell 36 thousand to 293 thousand  after declining 35 thousand  in the previous week.  After reaching a peak of 6,867 thousand at the end of March of last year initial claims had been steadily...

Consumer Price Index

October 13, 2021 The CPI rose 0.4% in September after climbing 0.3% in August, 0.5% in July, and 0.9% in June.  It rose 1.3% in 2020, and the year-over-year increase currently is 5.4%. Food prices jumped 0.9% in September after rising 0.4% in August, 0.7% in July, and...

Job Openings

October 12, 2021 The  Labor Department reported that job openings fell 659 thousand or 5.9% in August to 10,439 thousand after rising 9.0% in July to 11,098 thousand which is a record high level.  This is first decline in job openings since December of last year. ...

Small Business Optimism

October 12, 2021 Small business optimism fell  1.0 point in September to 99.1 after having risen 0.4 point in August. NFIB Chief Economist William Dunkelberg said, ““Small business owners are doing their best to meet the needs of customers, but are unable to hire...

Car and Truck Sales

October 8, 2021 Unit car and truck sales fell 6.4% in September to an annual rate of 12.176 million after having plunged 11.6% in August and having fallen 5.9% in July.  Indeed this is the fifth consecutive decline in sales.  It is important to remember that the March...