by sslifer | Jul 15, 2021 | Industrial Production, NumberNomics Notes
July 15, 2021 .Industrial production rose 0.4% in June after climbing 0.7% in May and being unchanged in April Production has risen steadily since reaching a low point in April of last year. The nation’s production sector continues to recover. However, as...
by sslifer | Jul 14, 2021 | Inflation, NumberNomics Notes
July 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 1.0% in June...
by sslifer | Jul 13, 2021 | Miscellaneous, NumberNomics Notes
July 13, 2021 Small business optimism rose 2.9 points in June to 102.5 after having declined 0.2 point in May.. Chief Economist William Dunkelberg said, “Small businesses optimism is rising as the economy opens up, yet a record number of employers continue to...
by sslifer | Jul 13, 2021 | Inflation, NumberNomics Notes
July 13, 2021 The CPI jumped 0.9% in June after climbing 0.6% in May, 0.8% in April, and 0.6% in March. It rose 1.3% in 2020, and the year-over-year increase currently is 5.3%. Food prices rose 0.8% in June after climbing 0.4% in both April and May. In the past...
by sslifer | Jul 6, 2021 | NumberNomics Notes, Purchasing Managers Index
July 6, 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 fell 5.8 points in June to 60.4 after rising 3.5...
by sslifer | Jul 2, 2021 | Employment, NumberNomics Notes
July 2, 2021 Payroll employment jumped by 850 thousand in June after having risen 583 thousand in May.. In addition to hiring people, businesses can also lengthen the hours of existing employees. The nonfarm workweek fell 0.1 hour in June to 34.7 hours after having...
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