Gas prices drop 4.1% and contribute 0.25% drop to the index. Annual CPI-U inflation now at 1.71%.
CPI-W inflaiton rate now 1.60%. Read More
Posts Categorized: Release Observations
August Retail Sales strong with 0.6% Gain
Gains across almost all sectors, with half of gain coming from Vehicle Sales. July growth revised up significantly Read More
Employment/Unemployment – Short Review
Seasonal adjustment difficulties due to calendar issues likely understated August payroll growth. Conversely the improvement in U3 was due mostly to seasonally-adjusted participation rate of students, largely affected by when school restarted in August. Read More
July CPI up 0.1%. Annual inflation at 2.0%
Housing prices rise again as does Food, but Airline Fares drop. Read More
Trade Deficit reduces by $3.1bn (7%) in June.
Most of the improvement came from Auto Vehicles and Consumer goods, the latter seeing both an increase in exports and a decrease in imports Read More
Construction Spending down 2%. Highways biggest contributor.
Spending on Single-Family homes has now dropped below its January 2014 level, while Multi-Family spending continues its steady increase. Read More
Unemployment up slightly, 6.2%. College students looking for work?
The BLS U3 unemployment rate edged up in July (as reported today) from a rounded 6.1% to 6.2%. The good news is that this is due to an increase in the Labor Force Participation Rate. Read More