THE BASIS POINT

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%

 

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