USER 5-14-2009

[Skip to the end]

Producer Price Index MoM (Mar)

Survey 0.2%
Actual 0.3%
Prior -1.2%
Revised n/a

Karim writes:


  • 0.2% m/m; -3.7% y/y
  • Core PPI 0.1% m/m and 3.4% y/y
  • Intermediate stage -0.5% m/m and -10.5% y/y; core intermediate -0.9% m/m and -3.8% y/y
  • Crude stage 3.0% m/m and -40% y/y; core crude -0.6% m/m and -39.9% y/y
  • Pipeline pressures continue to collapse


Producer Price Index YoY (Mar)

Survey -3.7%
Actual -3.7%
Prior -3.5%
Revised n/a


PPI Ex Food & Energy MoM (Mar)

Survey 0.1%
Actual 0.1%
Prior 0.0%
Revised n/a


PPI Ex Food & Energy YoY (Mar)

Survey 3.4%
Actual 3.4%
Prior 3.8%
Revised n/a


Initial Jobless Claims (May 1)

Survey 610K
Actual 637K
Prior 601K
Revised 605K

Karim writes:

  • IJC up 32k to 637k, Labor Dept states ‘good part’ of rise due to Chrysler plant shutdowns
  • Continuing up another whopping 202k to 6560k
  • The continuing claims data reflect lack of hiring and correlates to further rises in the unemployment rate and drop in personal income (assuming your job paid more than unemployment benefits)


Continuing Claims (May 1)

Survey 6400K
Actual 6560K
Prior 6351K
Revised 6358K


Jobless Claims ALLX (May 1)