Industrial production increased 0.1% in December
Industrial production increased 0.1% in December, according to the Federal Reserve. November’s reading was revised downward to 0.0% and October’s...
Economy
Retail sales increased 0.6% in December
There were $709.9 billion in retail and food service sales in December, up 0.6% from the previous month and up...
New York Fed: Growth in household spending eased in December
Monthly growth in household spending continued to slow in December 2023, although overall spending growth remained well above pre-pandemic levels,...
Producer price index decreased 0.1% in December
The Producer Price Index for final demand fell 0.1% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported....
CPI rose 0.3% in December
The Consumer Price Index increased 0.3% in December on a seasonally adjusted basis, after rising 0.1% in November, the U.S....
U.S. international trade deficit decreases in November
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
The NFIB Small Business Optimism Index increased 1.3 points in December to 91.9.
A seasonally adjusted net 16% of business owners planned to create new jobs in the next three months, down 2...
Consumer credit increased in November
Consumer credit increased at a seasonally adjusted annual rate of 5.7% in November after increasing 1.4% in October. Total outstanding...
ISM: Service sector expanded in December
The ISM Services index decreased 2.1 percentage points (pp) to 50.6%—the 12th consecutive month of expansion for the services sector....
New orders for manufactured goods increased in November
New orders for manufactured goods increased 2.6% to $592.9 billion in November, according to the U.S. Census Bureau. This followed...
