By CD Media Staff | January 15, 2020
Image by U.S. Bureau of Economic Analysis [1]
Economic data released this morning shows inflation in the United States continues to be under control while the underlying Main Street economy is booming.
NY Empire State Manufacturing Index (Jan) printed at 4.8 vs 3.55 consensus estimate.
Producer Price Index (YoY) (Dec) printed at estimates at 1.3%.
Producer Price Index (MoM) (Dec) printed at 0.1% vs 0.2% estimate.
Producer Price Index ex Food & Energy (YoY) (Dec) printed at 1.1% vs 1.3% estimate.
Producer Price Index ex Food & Energy (MoM) (Dec) printed at 0.1% vs 0.2% estimate.
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This piece originally appeared on CreativeDestructionMedia.com [4] and is used by permission.