• Human Reporters · Not Machines

    Still No Inflation, But Economy Roaring

    By CDM Staff
    January 15, 2020
    1 Comment
    Still No Inflation, But Economy Roaring
    US manufacturing industry's share of nominal GDP
    Image by U.S. Bureau of Economic Analysis

    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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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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