Factory Orders Up
International Trade (October 2016)
– Trade Deficit $42.6 billion. Previous was $36.2 billion.
Exports were negatively impacted by a weakening world economy and a stronger US$.
Productivity and Costs (3rdQ2016)
– Nonfarm productivity quarter/quarter, seasonally adjusted annualized +3.1%. Previous was +3.1%
– Unit labor costs quarter/quarter, seasonally adjusted annualized +0.7%. Previous was +0.3%
Redbook Chain Store Sales (week ended 12/3/2016)
– Chain Store Sales year/year +0.7%. Previous was +2.2%
Factory Orders (October 2016)
– Factory Orders month/month +2.7%. Previous was +0.6%