Free Markets, Free People

Economic Statistics for 15 May 15

The Empire State Manufacturing survey for May pulled out of negative territory, but only to a soft 3.09 from -1.19.

Industrial production fell for the 5th straight month in April, down -0.3%, while capacity utilization in the nation’s factory’s fell -0.2% to 78.2.

The University of Michigan’s Consumer Sentiment Index plunged from 95.9 to 88.6 in May.

E-Commerce retail sales rose 3.5% in the 1st Quarter of 2015, with year-on-year growth of 14.5%.

Foreign demand for long-term US securities rose $17.6 billion in March. China reclaimed the top spot from Japan as holders of US bonds.

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