Economics in a Nutshell Archive: May, 2013

Consumer spending in April disappoints

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INDICATOR: April Spending and Income KEY DATA: Consumption: -0.2%; Disposable Income: -0.1%; Wages and Salaries: 0.0%; Prices: -0.3% IN... Read more

Durable goods orders post nice gain in April

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INDICATOR: April Durable Goods Orders KEY DATA: Orders: +3.3%; Excluding Aircraft: +1.9%; Business Capital Expenditures: 1.2% IN A NUTSHELL:... Read more

Gathering gloom?

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INDICATOR: April Consumer Price Index/Philadelphia Fed Survey KEY DATA: CPI: -0.4%; Non-Food and Energy: +0.1%/Philadelphia Fed: down 6.5... Read more

Housing starts slowdown only temporary

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INDICATOR: April Housing Starts and Permits/Jobless Claims KEY DATA: Starts: down 16.5%; Permits: up 14.3%/Jobless Claims: 360,000 (up 32... Read more

Wholesale costs, manufacturing both dip

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INDICATOR: April Producer Price Index/Industrial Production KEY DATA: PPI: -0.7%; Excluding Food and Energy: +0.1%/IP: -0.5%; Manufacturing:... Read more

Import prices flat, inflation tame

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INDICATOR: April Import and Export Prices KEY DATA: Imports: -0.5%; Nonfuel: -0.2%; Exports: -0.7%; Farm: -2.2% IN A NUTSHELL: "With the... Read more

How low can unemployment go?

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INDICATOR: April Employment Report/ISM Non-Manufacturing Survey KEY DATA: Payrolls: 165,000; Private Sector: 176,000; Unemployment Rate: 7... Read more

Trade deficit narrows

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INDICATOR: March Trade Deficit KEY DATA: Deficit: $38.8 billion ($4.8 billion narrower) IN A NUTSHELL: "A surprisingly narrow March trade... Read more