- Advance estimates of retail and food services sales for May were up 1.2% from the previous month, and were up 2.7% from May 2014.
- Total manufacturing and trade sales for April were up 0.6%, while inventories were up 0.4%.
- Sales of merchant wholesalers in April were up 1.6% while inventories were up 0.4%.
- The producer price index for final demand increased 0.5% in May, following a decrease of 0.4% in the previous month. The price index for final demand goods excluding food and energy increased 0.2%, following a 0.1% decrease in the previous month. The producer price index for final demand decreased 1.1% from May 2014 to May 2015.
- The import price index increased 1.3% in May, following a 0.2% decrease in the previous month. The overall import price index decreased 9.6% from May 2014. The export price index increased 0.6% in May, following a 0.7% decrease in the previous month. The price index for overall exports decreased 5.9% from May 2014.
- The advance figure for initial claims for unemployment insurance increased 2 thousand to 279 thousand in the week ending June 6. The 4-week moving average was 278.75 thousand, an increase of 3.75 thousand from the previous week’s average.
- The results of Freddie Mac’s Primary Mortgage Market Survey showed average fixed mortgage rates reaching new highs for 2015. The 30-year fixed mortgage rate averaged 4.04% for the week ending June 11, up from last week when it averaged 3.87%. A year ago at this time, 30-year fixed mortgage rate averaged 4.20%.
- Mortgage applications increased 8.4% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 5th.
- The Thomson Reuters/University of Michigan Index of Consumer Sentiment, preliminary, rebounded in early June, regaining its average level recorded since the start of the year.
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