The Producer Price Index increased 0.9% in July from the previous month, the Labor Department reported. The index, which measures price changes on products and services before they reach consumers, showed prices increased 3.3% in July from a year before. Prices for final demand less foods, energy and trade services increased rose 0.6% from the previous month and 2.8% from a year before.
Construction spending declined in September
Construction spending in September was estimated at a seasonally adjusted annual rate of $2,186.1 billion, 1.9% below the revised August estimate of $2,227.4 billion, according to the Census Bureau.









