Free Markets, Free People


Economic Statistics for 16 Dec 13

The NY Fed’s Empire State Manufacturing Survey rose from -2.21  to 0.98 in December.

The December revision to Q3 productivity shows a 3.0% annualized rate of productivity growth, while unit labor costs fell -1.4%.

The Markit Economics PMI manufacturing index flash for December rose 0.1 points to 54.4.

Foreign net demand for US long-term securities rose $35.4 billion in October.

Industrial production for December rose a sharp 1.1%, while capacity utilization in the nation’s factories rose 0.9% to 79.0%.


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