"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Tuesday, November 16, 2010

Producer Price Index News Release

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The latest Producer Price Index news release
(http://www.bls.gov/news.release/pdf/ppi.pdf)
was issued today by the Bureau of Labor Statistics. Highlights are below.
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The Producer Price Index for Finished Goods increased 0.4 percent in October, seasonally
adjusted. This advance followed a 0.4-percent rise in both September and August. The index for
finished goods less foods and energy decreased 0.6 percent.

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