April’s consumer and producer prices, retail sales, and industrial production; March business inventories and JOLTS, Commenter RJS, Market Watch 666 Producer Prices rose 0.6% in April on Higher Wholesale Food Prices, Wider Margins for Transportation Services The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.6% in March, as prices for both finished wholesale goods and margins of final services providers rose 0.6%. That...
Read More »April’s consumer and producer prices, etc.
April’s consumer and producer prices, retail sales, and industrial production; March business inventories and JOLTS, Commenter RJS, Market Watch 666 Retail Sales Unchanged in April after Big Revisions to Prior Months’ Sales Seasonally adjusted retail sales were statistically unchanged in April, after retail sales March were revised higher, while sales for February were revised much lower. The Advance Retail Sales Report for April (pdf) from the...
Read More »Record High Trade Deficit
Trade Deficit Increases 5.6% to Record High in March on Rising Imports of Consumer Goods, MarketWatch666, Commenter RJS Our trade deficit was at another record high in March, 5.6% higher than in February, as both our imports and exports increased, but our imports increased by more. The Commerce Department’s report on our international trade in goods and services for March indicated that our seasonally adjusted goods and services trade deficit rose...
Read More »Retail Sales Rose 9.8% in March as Consumers Spent Stimulus Checks
March consumer prices, retail sales, industrial production, & new home construction; February’s business inventories RJS at MarketWatch 666 Seasonally adjusted retail sales increased by 9.8% in March, the second largest jump on record, after retail sales for January and February were both revised higher…the Advance Retail Sales Report for March (pdf) from the Census Bureau estimated that our seasonally adjusted retail and food services sales...
Read More »Retail Sales Fell 3.0% in February After January Sales Were Revised 1.9% Higher
Commenter r. j. s. at MarketWatch666 Retail Sales Fell 3.0% in February After January Sales Were Revised 1.9% Higher Seasonally adjusted retail sales decreased 3.0% in February after retail sales for January were revised 1.9% higher . . . the Advance Retail Sales Report for February (pdf) from the Census Bureau estimated that our seasonally adjusted retail and food services sales totaled $561.7 billion during the month, which was 3.0...
Read More »Producer Prices rose 0.5% in February
Commenter and writer RJS (Marketwatch666) reports on February Producer Prices. Producer Prices rose 0.5% in February on Higher Wholesale Food & Energy Prices The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.5% in February, as prices for finished wholesale goods were on average 1.4% higher, while margins of final services providers increased by 0.1%…that followed a January report that had the PPI 1.3% higher, with...
Read More »CPI Rose 0.4% in February on Higher Prices for Energy and Medical Services
Commenter R.J.S. Discuses CPI Rising led by Food, Energy, and Medical The consumer price index rose 0.4% in February, as higher prices for fuel, groceries, utilities, and medical services were only partly offset by lower prices for clothing, used vehicles, and airline fares…the Consumer Price Index Summary from the Bureau of Labor Statistics indicated that seasonally adjusted prices averaged 0.4% higher in February, after rising by 0.3% in...
Read More »January Exports and Imports
Commenter RJS, MarketWatch 666 on the Goods and Services Trade Deficit. International Trade in Goods and Services, March 5, 2021 Our trade deficit rose 1.9% in January, as both the value of our exports and our imports increased, but the value of our imports increased by more…the Commerce Dept report on our international trade in goods and services for January indicated that our seasonally adjusted goods and services trade deficit rose by a...
Read More »Producer Prices rose 1.3% in January After Rising 0.8% over All of 2020
Commenter and writer RJS describes himself as “unencumbered by education, affiliations, beliefs or agenda and im not advocating anything.” Market Watch 666 The seasonally adjusted Producer Price Index (PPI) for final demand rose 1.3% in January, as prices for finished wholesale goods were on average 1.4% higher, while margins of final services providers increased by 1.3% . . . that followed a revised December report that now shows the PPI was...
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