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
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