CPI (November 2012)
CPI core Month/Month (less food & energy) +0.1%
CPI core (less food & energy – Year/Year 1.9%
CPI overall Month/Month -0.3%
CPI overall Year/Year +1.8%
Inflation is well contained and there is no apparant deflationary threat.
Industrial Production/Capacity Utilization (November 2012)
Production – Month/Month 1.1%. Previous was -0.7%
Capacity Utilization Rate – 78.4%. Previous was 77.7%
Manufacturing – Month/Month 1.1%. Previous was -1.0%.
Manufacturing recovered in November what it lost in October.
Consumer Metrics Institute
The Consumer Metrics Absolute Demand Index is a near real time (2 days delay) measure of consumer spending and, as such, is a true leading indicator. This index has moved steadily lower after Black Friday.