Economic Statistics for 15 Jul 16
Consumer prices rose 0.2% in June, both overall, and with prices less food and energy—the so-called core rate. On a year-over-year basis, the CPI is up 1.0% overall, and 2.3% at the core.
Retail sales rose 0.6% in June, with sales less less autos up 0.7%, and sales less autos and gas up 0.7%.
Industrial production rose 0.6% in June, while capacity utilization in the nation’s factories rose 0.5% to 75.4%.
The Empire State Manufacturing Survey fell from 6.01 to 0.55 for July.
Business inventories rose 0.2% in May, while a 0.2% sales increase kept the stock-to-sales ratio at 1.40.
The University of Michigan’s Consumer Sentiment Index fell a sharp -4.0 points to 89.5 in the preliminary July reading.