Another big first revision. GDP growth in 4th quarter revised down by 26%. (3rd quarter first revision was up 27%). Read More
Posts By: xps
January Inflation – Regional variation in Household Energy price.
New York metro area year/year household energy prices up 9%. Los Angeles metro’s down by 1%. Read More
Inflation – January prices unchanged except for household fuel bills.
Weather related household energy costs contributed 0.10% of the monthly rise of 0.14% in the CPI-U. Year to year inflation rose slightly to 1.58% (from a December rate of 1.50%). Read More
Residential Construction – January Starts & Permits Down Sharply
Regional pattern of single-family home construction points to possible winter weather as cause for slow-down. Read More
Industrial Production – Fell 0.33% in January
Manufacturing and Mining both fell by almost 1% while Utilities rose by 4%. The November surge is again revised downwards. Read More
Retail Sales – January down 0.4% with downward revisions to Nov. & Dec.
Recent growth now showing a peak in November 2013. Excluding the volatile Vehicles sector, sales flat from December to January. Read More
Trade Balance worsened by $4.1bn (12%) in December
Exports fall overall almost all major good sectors. Trade deficit back to where it was a year ago. Read More