Key Economic Indicators – December 16, 2013

  • Advance estimates of  retail and food services sales for November were up 0.7% from the previous  month, and were up 4.7% from November 2012.
  • Total manufacturing and trade sales for October were up 0.5%, while inventories were up 0.7%.
  • Sales of merchant wholesalers in October were up 1.0%, while inventories were up 1.4%.
  • The federal government budget ran a deficit of $135.2 billion in November, after a deficit of  $91.6 billion in the previous month.
  • Domestic non-financial debt rose at a seasonally adjusted annual rate of 3.5% in the third quarter, following an increase of 3.4% in the previous quarter.
  • The producer price index for finished goods (headline index) decreased 0.1% in November, while the core index increased 0.1%. The producer price index for finished goods increased 0.7% from November 2012 to November 2013.
  • The import price index decreased 0.6% in November, while export prices increased 0.1%. The import price index decreased 1.5% from November 2012, while the price index for exports decreased 1.6%.
  • The advance figure for  initial claims for unemployment insurance increased 68 thousand to 368 thousand in the week ending December 7.
  • The results of Freddie Mac’s Primary Mortgage Market Survey of December 12th showed average fixed mortgage rates changing little from the previous week.
  • Mortgage applications increased 1.0% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending December 6th.

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