January 14, 2022

Retail Sales  (December 2021)

- Retail Sales month/month  -1.9%. Previous was +0.2%

- Ex-Vehicles month/month  -2.3%. Previous was +0.1%

- Ex-Vehicles & Gas month/month  -2.5%   Previous was +-0.1%

Retail Sales is the largest component of 4th 2021 GDP.  This data is seasonally adjusted but not inflation adjusted.

Source:  Census  Details:  https://www.census.gov/retail/marts/www/marts_current.pdf

 

Import and Export Prices  (December 2021)

- Import Prices month/month     -0.2%. Previous was +0.7%

- Import Prices year/year    +10.4%. Previous was +11.7%

- Export Prices month/month   -1.8%. Previous was +0.8%

- Export Prices year/year    +14.7%. Previous was +18.2%

These numbers are below expectation.

Source: BLS  Details: https://www.bls.gov/mxp/

 

Industrial Production  (November 2021)

- Industrial Production month/month -0.1%.    Previous was +0.7%.

- Manufacturing Output month/month  -0.3% . Previous was  +0.6%

- Capacity Utilization Rate        76.5%. Previous was 76.65%

- Industrial Production year/year +3.7%

Source:  Federal Reserve  Details: https://www.federalreserve.gov/releases/g17/current/g17.pdf

 

Business Inventories (November 2021)

- Inventories month/month  +1.3%. Previous was +1.3%.

This is a component of 4thQ 2021 GDP.

Source:  Census   Details: https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf

 

Consumer Sentiment (January 2022)

- Index 68.8. Previous was 70.6

This is supposed to measure consumers stated views as to spending in the next 3 months.  

Source: University of Michigan's Consumer Survey Center     Details:  http://www.sca.isr.umich.edu/