Here are today’s statistics on the state of the economy:

Industrial production fell -0.1% in January, while capacity utilization dropped -0.2% to 79.1%.

The Empire State Mfg Survey jumped 18 points to 10.04, the first positive reading since July.

December’s net inflow of long-term US securities is a sizable $64.2 billion. Foreign buying of equities was especially strong.

Consumer sentiment rose 2.5 points to 76.3 in February’s mid-month reading.

Fourth quarter e-commerce sales rose 4.4% from the 3rd quarter. E-commerce made up a record 5.4% of all retail sales.

~
Dale Franks
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