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U.S. Import and Export Price Indexes - February 2023
Prices for U.S. imports edged down 0.1 percent in February, after declining 0.4 percent in January, the U.S. Bureau of Labor Statistics reported today. Lower fuel prices in February more than offset higher nonfuel prices. U.S. export prices increased 0.2 percent in February following a 0.5-percent advance the previous month. The price index for U.S. imports declined 0.1 percent in February. Prices for U.S. imports decreased each month since June 2022 with the exception of a 0.1-percent advance in December 2022. U.S. import prices declined 1.1 percent from February 2022 to February 2023, the first 12-month decrease ... (full story)
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From census.gov|Mar 16, 2023The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for February 2023: tables ...
From philadelphiafed.org|Mar 16, 2023Manufacturing activity in the region continued to decline overall, according to the firms responding to March’s Manufacturing Business Outlook Survey. The survey’s broad ...
From dol.gov|Mar 16, 2023|2 commentsIn the week ending March 11, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 20,000 from the previous week's revised level. The previous ...
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From statcan.gc.ca|Mar 16, 2023Wholesale sales rose 2.4% to $84.2 billion in January. Sales increased in six of the seven subsectors, accounting for 84% of wholesale sales. Strong growth in the machinery, ...
From bnnbloomberg.ca|Mar 16, 2023|1 commentChinese state media blamed political infighting and poor financial regulation in the US for recent bank failures, escalating the two nations’ war of words amid simmering tensions. ...
From @DeItaone|Mar 16, 2023|4 commentstweet at 8:43am: ECB TOLD MINISTERS TUESDAY SOME EU BANKS COULD BE VULNERABLE tweet at 8:44am:
*ECB'S GUINDOS SAID EU LENDERS MUCH LESS EXPOSED TO SVB FALLOUT *ECB'S GUINDOS SAID CONFIDENCE SLUMP COULD TRIGGER EU CONTAGION tweet at 8:45am: Ecb's de guindos: there is no room for complacency on the eu banking system.'Some EU Banks May Be Vulnerable' - ECB Tells Ministers 'No Room For Complcency' The world was saved there briefly overnight after SNB's giant liquidity shot into CS. But it didn't take long fort reality to sink in about the band-aid-like nature of this facility. However, the situation under the hood may in fact be worse than some thought as Bloomberg reports, according to people familiar with the talks, that ECB Vice President Luis de Guindos told finance ministers on Tuesday that some European Union banks could be vulnerable to rising interest rates. Guindos said that the ECB couldn’t rule out that some lenders might be at risk because of their business models, according to the people. The market did not like that reality check with European IG credit spreads now above yesterday's highs...
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- Posted: Mar 16, 2023 8:31am
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