Free Markets, Free People

Economic Statistics for 13 Jan 15

Redbook reports that retail sales continue to slow, rising 3.8% on a year-ago basis, from last week’s 4.3%.

The NFIB Small Business Optimism Index rose from 98.1 to 100.4 in December, the highest level since October 2006.

The Labor Department’s JOLTS report shows 4.972 million job openings on the last business day of November.

The U.S. Treasury monthly budget report for December shows a $1.9 billion surplus for the month, as receipts rose 11%.

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One Response to Economic Statistics for 13 Jan 15

  • 01/14/2015 – 12:30
    US Crude oil production shows absolutely no sign of slowing – despite tumbling rig counts – as this morning’s data shows the US produced 9.19mm barrels/day last week – the most since records began in 1983.

    05/06/11 04:41 PM EDT
    President Obama called for the elimination of billions of dollars in oil industry tax breaks Friday, while stressing that the United States can’t drill its way out of high gas prices.”We can’t just drill our way out of the problem,” Obama said during an energy policy speech in Indiana Friday. “If we’re serious about addressing our energy problems, we’re going to have to do more than drill.”