Free Markets, Free People

Economic Statistics for 13 Jul 12

The following statistics were released today on the state of the US economy:

The Producer Price Index rose 0.1% in June, and up 0.8% on a year-over-year basis. Ex-food and transportation, the Core PPI was up 0.2%, and 2.6% year-over-year.

While some increasing optimism is evident in the underlying numbers, the overall consumer sentiment index fell 1.2 points to 72.0.

Dale Franks
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