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.

~
Dale Franks
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