December’s producer prices; November’s trade deficit, durable goods, factory inventories, and wholesale trade, et al
Major economic reports that were released last week were the December Producer Price Index , the November report on our International Trade from agencies within the Commerce Dept, and both the advance report on durable goods for November and the Full Report on Manufacturers’ Shipments, Inventories and Orders for November , and the November report on Wholesale Trade, Sales and Inventories , all from the Census Bureau….this week also saw the widely watched Case-Shiller Home Price Index for November from S&P Case-Shiller, which indicated that their national home price index for September, October and November averaged 1.4% higher than it was for prices of the same homes that sold during the same 3 month period a year earlier, which was the same as the 1.4% year over year index increase indicated by their October report, which indexed home sales prices over August, September and October against those of the same three months of a year earlier…. The week also saw the release of ...