![2008-03-13 Import Price Index MoM](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-import-price-index-mom-small.gif)
Import Price Index MoM (Feb)
Survey |
0.8% |
Actual |
0.2% |
Prior |
1.7% |
Revised |
1.6% |
![2008-03-13 Import Price Index YoY](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-import-price-index-yoy-small.gif)
Import Price Index YoY (Feb)
Survey |
n/a |
Actual |
13.6% |
Prior |
13.7% |
Revised |
13.8% |
![2008-03-13 Import Prices Ex Petroleum YoY](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-import-prices-ex-petroleum-yoy-small.gif)
Import Prices Ex Petroleum YoY
Survey |
n/a |
Actual |
4.5% |
Prior |
3.6% |
Revised |
n/a |
![2008-03-13 Exports MoM](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-exports-mom-small.gif)
Exports MoM (Feb)
Survey |
n/a |
Actual |
0.9% |
Prior |
1.2% |
Revised |
n/a |
![2008-03-13 Exports YoY](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-exports-yoy-small.gif)
Exports YoY (Feb)
Survey |
n/a |
Actual |
6.8% |
Prior |
6.7% |
Revised |
n/a |
Inflation ripping via the ‘weak dollar’ channel.
Note: non-petroleum imports up 0.6%.
![2008-03-13 Advance Retail Sales](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-advance-retail-sales-small.gif)
Advance Retail Sales (Feb)
Survey |
0.2% |
Actual |
-0.6% |
Prior |
0.3% |
Revised |
0.4% |
![2008-03-13 Retail Sales Less Autos](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-retail-sales-less-autos-small.gif)
Retail Sales Less Autos (Feb)
Survey |
0.2% |
Actual |
-0.2% |
Prior |
0.3% |
Revised |
0.5% |
Retail sales soft, but not in collapse. That’s what an export economy looks like: domestic sales soft, while exports pick up the slack and support GDP, real terms of trade, and standards of living deteriorate.
![2008-03-13 Initial Jobless Claims](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-initial-jobless-claims-small.gif)
Initial Jobless Claims (Mar 8)
Survey |
357K |
Actual |
353K |
Prior |
351K |
Revised |
353K |
Leveling off – nowhere near recession levels yet.
Would need to be 400K+.
![2008-03-13 Continuing Claims since 1980](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-continuing-claims-since-1980-small.gif)
Continuing Claims (Mar 1)
Survey |
2835K |
Actual |
2835K |
Prior |
2831K |
Revised |
2828K |
Moving a bit higher, but still far below recession levels.
![2008-03-13 Business Inventories](https://moslereconomics.com/wp-content/graphs/2008/03/2008-03-13-business-inventories-small.gif)
Business Inventories (Jan)
Survey |
0.5% |
Actual |
0.8% |
Prior |
0.6% |
Revised |
0.7% |
Up some, but still much lower than prior to other recessions.