Exports down by $2bn but imports down by $5bn. Oil price driven.
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Posts By: xps
December Payrolls: Trend Forecasts only 214,000 more jobs.
Seasonal Adjustment biased to much lower growth than November’s 321,000, and lower yet than the consensus forecast for December of a 245,000 gain. Read More
CPI-U Index down 0.3% in November , annual inflation down to 1.3%
“The gasoline index posted its sharpest decline since December 2008 and was the main cause of the decrease in the seasonally adjusted all items index.” Read More
Industrial Production up strongly by 1.3% in November.
October was revised up from a fall of 0.1% to a gain of 0.1% . Read More
Retail Sales up strongly by 0.7% in November.
Motor Vehicle & Parts Dealers rose by 1.7% Read More
Job Openings at 3.3% (up), Hiring at 3.6% (unch.)
There were 4.8 million job openings on the last business day of October, little changed from 4.7 million in September, the U.S. Bureau of Labor Statistics reported today. Read More
Payrolls Survey: Jobs Growth of 321,000 in November
The Bureau of Labor Statistics’ November Payroll Survey reported a seasonally adjusted gain of 321,000 jobs, 314,000 in the private sector. Read More