America continues to get back to work under the Trump policy of no lockdowns and not letting the Chinese coronavirus control your life. America's scorned woman, the Biden camp, group, cabal, syndicate, whatever you want to call it, continues to call for everything to be shut down to please their Chinese Communist Party masters.
Inflation was also muted during the reporting period, with the Consumer Price Index flat.
Initial jobless claims were below estimates as well as Continuing Jobless Claims.
Financial markets opened slightly lower as the vaccine high wears off.
Consumer Price Index Core s.a. (Oct) printed at 269.3.
Continuing Jobless Claims (Oct 30) printed at 6.786M vs 6.9M consensus estimate.
Consumer Price Index (MoM) (Oct) printed at 0% vs 0.2% estimate.
Consumer Price Index n.s.a. (MoM) (Oct) printed at 260.388 vs 260.493 estimate.
Initial Jobless Claims (Nov 6) printed at 709k vs 735k estimate.
Consumer Price Index ex Food & Energy (MoM) (Oct) printed at 0% vs 0.2% estimate.
Initial Jobless Claims 4-week average (Nov 6) printed at 755.25k.
Consumer Price Index (YoY) (Oct) printed at 1.2% vs 1.3% estimate.
Consumer Price Index ex Food & Energy (YoY) (Oct) printed at 1.6% vs 1.8% estimate.
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