May 28, 2021
Good Trade Deficit (April 2021)
- Trade Deficit $85.2 B . Previous was $82.3 B
This is a component of 1st GDP. The Trade Deficit reduces GDP.
Source: Census Details: https://www.census.gov/foreign-trade/statistics/highlights/PressHighlights.pdf
Retail Inventories (April 2021)
- Month over Month -1.6% . Previous was -1.4%
This is a component of 1stQ GDP.
Source: Census Details: https://www.census.gov/retail/index.html
Wholesale Inventories (April 2021)
- Month over Month +0.8%. Previous was 1.1%
This is a component of 1stQ GDP.
Source: Census Details: https://www.census.gov/wholesale/pdf/mwts/currentwhl.pdf
Chicago PMI (May 2021)
- Index 59.5. Previous was 58.2
Source: Institute For Supply Management - Chicago
Personal Income and Outlays (April 2021)
- Personal Income month/month -13.1%. Previous was +20.9%
- Personal Consumption Expenditures month/month 0.4%.Previous was +4.7%
- PCE Price Index month/month 0.6% %. Previous was 0.6%
- PCE Price Index year/year 3.6%. Previous was 2.4%
- Core PCE Price Index month/month 0.7%. Previous was 0.4%
- Core PCE Price Index year/year 3.1%. Previous was 1.9%
The headline is difficult to interpret because March had a large bump due to stimulus handouts.
Source: BEA
Consumer Sentiment (May 2021)
- Index 82.9. Previous was 82.8.
Source: University of Michigan Consumer Survey Center
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