--Barry Asmus
The Required Disclosures
Friday, February 18, 2011
Morning Metrics
Thursday, February 17, 2011
Philadelphia Fed Survey
- The new orders index is virtually unchanged, but the shipments index increased 22 points.
- The employment index increased 6 points. Better yet, this is the 6th consecutive month that more firms reported an increase in employment than a decrease in employment.
- The majority of surveyed firms remain optimistic about future growth and activity.
Consumer Price Index News Release
The latest Consumer Price Index news release (http://www.bls.gov/news.release/pdf/cpi.pdf) was issued today by the Bureau of Labor Statistics. Highlights are below.
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On a seasonally adjusted basis, the CPI-U increased 0.4 percent in January, the same increase as in December. The index for all items less food and energy rose 0.2 percent in January after rising 0.1 percent in December.
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CPI and Jobless Claims
- Energy was up 2.1% in January, less than December but still pretty noticeable. Most of that was driven by fuel oil, which was up 6.8% on the month.
- On the other hand, energy services prices as a whole were down 0.6%. Just speculating, it may be that people are trying to conserve more because of increased energy costs. But the report doesn't really say one way or the other.
- Clothing costs were up 1.0%.
Wednesday, February 16, 2011
Industrial secrets! Major fines! Depressing Fed Commentary! Bankruptcy! Mergers and acquisitions! Global currency!
Industrial Production and Capacity
Producer Price Index News Release
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 rose 0.8 percent in January, seasonally adjusted. This advance followed increases of 0.9 percent in December and 0.7 percent in November. The index for finished goods less foods and energy moved up 0.5 percent.
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Morning Economic Data With 100% Less Showtunes
- December PPI was adjusted downward to 0.9%
- January PPI for finished goods rose 0.8%, missing expectations but not by an enormous amount.
- January core PPI for finished goods rose 0.3%, also missing expectation.
- January PPI for intermediate goods rose 1.7%.
- January PPI for crude goods rose 8.8%.
Tuesday, February 15, 2011
U.S. Import and Export Price Indexes News Release
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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The price index for U.S. imports increased 1.5 percent in January, as higher prices for fuel and nonfuel imports each contributed to the advance. U.S. export prices rose 1.2 percent in January, following increases of 1.5 percent in November and 0.6 percent in December.
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News releases archives: http://www.bls.gov/schedule/archives/all_nr.htm
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For help, email news_service@bls.gov
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