GDP  (4thQ 2020)

- Quarter over Quarter - annualized    4.0%. Previous Q was -33.4%

- Personal Consumption Expenditures - annualized    2.5%. Previous was -41.0%

Source: BEA  Details:  https://www.bea.gov/news/2021/gross-domestic-product-4th-quarter-and-year-2020-advance-estimate

 

Good Trade Deficit (December 2020)

- Trade Deficit   $82.5 B . Previous was  $85.5 B

This is a component of 4thQ GDP. The Trade Deficit reduces GDP.

Source:  Census  Details: https://www.census.gov/foreign-trade/statistics/highlights/PressHighlights.pdf

 

Initial Jobless Claims (week ended 1/23/2021)

- Initial Claims seasonally adjusted  847,000. Previous was 914,000

- Initial Claims  unadjusted, totaled 873,966 in the week ending January 23, a decrease of 101,498 (or -10.4 percent) from the previous week

- 4-Week Moving Average seasonally adjusted  868,000. Previous was  851,750

Total receiving regular state UI decreased by 281,273 

Total receiving Pandemic UI increased by  1,626,796 

Total receiving Emergency Pandemic UI increased by 836,596 

Total receiving any UI increased by 2,293,495 

Source:  Labor Department   Details: https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20210141.pdf

 

Wholesale Inventories (December  2020)

- Month over Month  +0.1%. Previous was 0.0%

This is a component of 4thQ GDP.

Source:  Census  Details: https://www.census.gov/wholesale/pdf/mwts/currentwhl.pdf

 

Retail Inventories (December  2020)

- Month over Month  +1.0%. Previous was 0.8%

This is a component of 4thQ GDP.

 

New Home Sales  (December 2020)

- Annual Rate 842,000.  Previous was 829,000

Source:  Census   Details: https://www.census.gov/construction/nrs/pdf/newressales.pdf

 

Leading Indicators (December 2020)

- month/month +0.3%. Previous was +0.7%.

Source:  Conference Board