Producer Price Index

3 Stories

Dow Off 107 on Weak Data

More poor manufacturing news saps stocks

(Newser) - Stocks fell further today as markets absorbed more poor economic data, the Wall Street Journal reports. National industrial production fell 1.1% in May, the Federal Reserve announced. The Dow Jones producer-price index rose only 0.2% in May, short of the expected 0.6% increase. The Dow lost 107.... More »

Stocks Rise on Job, Price Data

(Newser) - Stocks climbed at the open, following jobless claims and wholesale price reports that, for once, didn’t contain any nasty surprises. The Dow was up 35 points, while the Nasdaq and S&P each rose about 0.8%. The producer-price index rose 0.8% in January, reflecting a widespread rise... More »

Inflation Eases, Trade Deficit Narrows

New data is mostly positive, and unlikely to influence interest rates

(Newser) - With the exception of energy and food, inflation at the wholesale level rose less than expected last month, while the US trade deficit got slimmer, thanks to an increase in exports. Still, a rise in energy costs in July led to an unexpected .06% uptick in the producer price index... More »

3 Stories