Free Markets, Free People
Economic Statistics for 13 Jan 12
Today’s economic statistical releases:
The US trade deficit widened sharply to $-47.8 billion on both rising oil imports and falling exports.
December export prices fell -0.5%, but were up 3.6% on a year-over-year basis. Import prices also fell -0.1% for the month, but were up 8.5% for the year.
Consumer sentiment continues to rise to 74.0 at mid-month January from 69.9 at the end of December.