Key Economic Indicators – February 17, 2014

  • Advance estimates of retail and food services sales for January were down 0.4% from the previous month. Excluding autos, retail and food services sales held steady in January.
  • Total manufacturing and trade sales for December were up 0.1%, while inventories were up 0.5%.
  • Total Industrial production decreased 0.3% in January, following a 0.3% increase in the previous month. The rate of capacity utilization for total industry was 78.5%, compared with 78.9% in the previous month.
  • The results of Freddie Mac’s Primary Mortgage Market Survey of February 13th showed average fixed mortgage rates largely unchanged.
  • Mortgage applications decreased 2.0% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending February 7th.
  • The federal government budget ran a deficit of $10.4 billion in January, after a surplus of $53.2 billion in the previous month.
  • The advance figure for initial claims for unemployment insurance increased 8 thousand to 339 thousand in the week ending February 8.
  • The import price index held increased 0.1% in January, while the export price index increased 0.2%.The import price index decreased 1.5% from January 2013, while export prices decreased 1.2%.
  • The Thomson Reuters/University of Michigan Index of Consumer Sentiment, preliminary, held steady at 81.2 in early February.

Leave a Reply

You must be logged in to post a comment.