Industrial Production

October 18, 2021 Industrial production fell 1.3% in September after having declined 0.1% in August (initially published as a 0.4% increase).  Production had been steadily climbing since reaching a low point in April of last year.   However, as shown below, production...

Retail Sales

October 15, 2021 Retail sales rose 0.7% in September which was much larger than the 0.1% decline that had been expected.  There were, in addition, modest upward revisions to the July and August data.  After revision August sales rose 0.8% but they declined 1.6% in...

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...