Stronger US Dollar Lowers Exports & GDP

NFIB Small Business Optimism Index (November 2016)

– Index level 98.4. Previous was 94.9.

 

Import and Export Prices (November 2016)

– Import Prices month/month -0.3%. Previous was +0.4%
– Export Prices month/month -0.1%. Previous was +0.2%
– Import Prices year/year -0.1%. Previous was -0.2%
– Export Prices year/year -0.3%. Previous was -1.1%

The strengthening US$ will affect imports and exports and make the President elect’s trade notions more difficult to actualize if this dollar strength persists.

 

Redbook Chain Store Sales (week ended 12/10/2016)

– Store Sales year/year +1.0%. Previous was + 0.7%