ECONOMIC UPDATES
Monday, December 20
Last Week in the News The producer price index, which tracks wholesale price inflation, rose 0.8% in November after a 0.4% increase in October. Core prices — excluding food and fuel — rose 0.3% in November. For the year, seasonally adjusted wholesale prices are up 3.5%.Retail sales rose 0.8% i...
ECONOMIC UPDATES
Monday, December 13
Last Week in the News Retail sales fell 2.1% for the week ending December 4, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.6%.According to the Federal Reserve, consumer credit debt rose in October by $3.38 billion for a total credit level ...
ECONOMIC UPDATES
Sunday, December 05
Last Week in the News The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — fell 0.7% in September after a 0.2% decrease in August. On a year-over-year basis, prices rose 0.6% compared with September 2009.The consumer confidence index rose to...
ECONOMIC UPDATES
Sunday, November 28
Last Week in the News Retail sales fell 0.6% for the week ending November 20, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.8%. Gross domestic product — the total output of goods and services produced in the U.S. — increased at an annual r...
ECONOMIC UDPATES
Monday, November 22
Last Week in the News Retail sales rose 1.2% in October after an upwardly revised 0.7% increase in September. It was the largest increase in seven months. Economists had anticipated retail sales to rise 0.7% in October.Total business inventories rose 0.9% in September to $1.4 trillion, the h...
ECONOMIC UPDATES
Sunday, November 14
Last Week in the News Retail sales rose 1.3% for the week ending November 6, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3.4%, the best reading since August.Wholesalers increased their inventories 1.5% in September, following an upwardly r...