Posts Tagged ‘leading economic indicators’

The Day’s Economic Numbers

OK, here’s the business news that fit to print. The four week moving average for unemployment was 619,000 which is a 10,500 increase over the prior week. Link here. Producer prices were up 0.8% for January. Taking out food and energy, prices were up 0.4%. Link here. The Philly Fed Index fell to a negative […]

Economic Reports: Not As Good As They Look

There were a couple of rays of economic sunshine this morning in reports on existing home sales and leading indicators. Analysts immediately set about trying to dispel any hint of optimism. Existing home sales for December increased to a seasonally adjusted annual rate of 4.74 million from a 4.45 million pace in November. For the […]