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.