Free Markets, Free People

Economic Statistics for 13 May 16

Retail sales snapped back in April, with an increase of 1.3%. Sales less autos rose 0.8% and sales less auto and gas rose 0.6%.

Producer prices for final demand rose 0.2% in April. Prices less food and energy rose 0.1%, and prices less food, energy, and trade services, rose 0.3%. On a year-over-year basis:
PPI-FD: 0.0%
Less food & energy: 0.9%
Less food, energy, and trade services: 0.9%

Business inventories rose 0.4% in March, but a 0.3% rise in sales kept the stock-to-sales ratio unchanged at 1.41.

May consumer sentiment is soaring, up 6.8 points to 95.8 for the mid-month flash reading.

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One Response to Economic Statistics for 13 May 16

  • Burlington College announced today that it will close on May 27 after it found itself unable to recover from “the crushing weight of the debt” incurred under Jane O’Meara Sanders, the college’s former president and wife of Bernie Sanders.