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

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Wednesday, January 12, 2011

U.S. Import and Export Price Indexes News Release

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The latest U. S. Import and Export Price Indexes news release (http://www.bls.gov/news.release/pdf/ximpim.pdf) was issued today by the Bureau of Labor Statistics. Highlights are below.
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U.S. import prices rose 1.1 percent in December, after increasing 1.5 percent in November and 1.1 percent in October. Import prices advanced 4.8 percent in 2010. The price index for U.S. exports increased 0.7 percent in December and 6.5 percent over the past year.

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