December 7, 2021
Trade Deficit (October 2021)
- Deficit $67.1 billion. Previous was $60.9 billion.
This is a component of 4thQ GDP.
Source: BEA Details: https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services
Productivity and Costs (3rdQ2021)
- Nonfarm Productivity - Annual Rate -5.2%. Previous was -5.0%
- Unit Labor Costs - Annual Rate 9.6%. Previous was 8.3%
Productivity is GDP/total Labor Cost
Source: BLS Details: https://www.bls.gov/news.release/prod2.nr0.htm
Redbook Chain Store Sales (week ended 12/4/2021)
- Chain Store Sales year/year 15.3%. Previous was 16.9%
Source: Redbook Research Inc.
Comments