Economic Statistics for 10 May 12
The following statistics were released today on the state of the US economy:
April export prices jumped 0.4% for the month, and were up 0.7% over last year. Import prices fell -0.5% for the month, and are up 0.5% for the year.
The international trade deficit widened sharply in March to $–51.8 billion.
Jobless claims held fairly steady at 367,000. Last’s week’s claims were revised upwards slightly to 368,000 from 365,000. The 4-week moving average stands at 370,000.