Saturday 19 March 2016

Weekly Indicators: broad improvement but rail derails edition

 Monthly data for February included a very slight increase in the Index of Leading Indicators, an an increase in housing starts, and in both the Empire state and Philly Indexes. Both consumer and producer prices declined.  Negative news included another decline in industrial production and capacity utilization, a decline in housing permits, and an increase in business inventories and the inventory to sales ratio. Retail sales declined, although after inflation they were flat.
 


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