Consumer prices were unchanged last month versus Consensus expectations for a 0.1% rise. Less food & energy prices rose an expected 0.2%. Tobacco prices partially reversed their April surge and fell 2.7%. Excluding tobacco, the core [...]
Global| Jun 18 2002
CPI Total Unchanged, Core Prices Weak
by:Tom Moeller
|in:Economy in Brief
Global| Jun 17 2002
Liquidity Improved in May
Growth in the monetary aggregates, both broad and narrow, surged last month. The surge, however, was only back to a monthly rate of growth often observed through 2001. Earlier in 2002, growth in monetary aggregates slowed [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 14 2002
Business Inventories Fell As Expected
Total business inventories fell in April an expected 0.2%. The previously reported decline in March inventories was deepened due mostly to a lowered estimate of wholesale inventories. Retail inventories, reported for the first time, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 13 2002
Retail Sales Broadly Lower in May
Total retail sales fell more than expected last month due to broad based declines. April sales were little revised. Sales excluding autos also fell versus expectations for a slight rise. Declines were widespread. Sales of motor [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 12 2002
Import Prices Surprisingly Unchanged
Prices for imported commodities were unchanged last month versus April. Consensus estimates were for a 0.4% gain. April figures were revised up due to a stronger gain in nonpetroleum import prices. Petroleum import prices rose [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 11 2002
Chain Store Sales Jumped
Chain store sales jumped 1.6% in the first week of June following four consecutive weeks when sales were flat or down according to BTM-UBSW. For all of May, sales rose 0.8% from the April average owing to a surge in sales early in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 10 2002
Consumer Credit Growth Up in April
Consumer borrowing rose somewhat more than expected in April. March figures were revised up due to faster reported growth in both revolving and nonrevolving credit. It was the fastest m/m gain in consumer credit outstanding since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 07 2002
May Payrolls Weak, but the Jobless Rate Fell
Payrolls rose somewhat less than expected last month and the modest gain in April payrolls was revised down. The Establishment Survey of nonfarm payrolls, hours, and earnings was revised to reflect annual benchmark adjustments and [...]
by:Tom Moeller
|in:Economy in Brief
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