Free Markets, Free People

Economic Statistics for 16 Jan 15

Net foreign demand for long-term US securities rose $33.5 billion in November, versus $-1.4 billion in October.

The December Consumer Price Index fell -0.4%, mainly on declines in energy prices, with prices less food and energy unchanged. On a year-over-year basis, the CPI is up 0.7% overall, and 1.6% at the core.

The Fed reports that December industrial production fell by -0.1%, while capacity utilization in the nation’s factories fell from 80.1% to 79.7%.

The University of Michigan’s consumer sentiment index rose 4.6 points to 98.2, the highest level since January 2004.


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