Retail/PPI

[Skip to the end] Karim writes: Retail sales weaker than expected (especially in light of fact that May/June were peak months for consumer provisions in stimulus package) 0.6% headline; 0.3% ex-autos; -0.2% ex-autos and gasoline PPI Headline up 1.8%; 0.5% core; driven by 3.4% gain in light truck prices; ex-vehicles, core unch Intermediate stage (1.9%/0.4%) […]

2008-08-19 US Economic Releases

[Skip to the end] ICSC-UBS Store Sales WoW (Released 7:45 EST) ICSC-UBS Store Sales YoY (Released 7:45 EST) Redbook Store Sales Weekly YoY (Released 8:55 EST) ICSC-UBS Redbook Comparison TABLE (Released 8:55 EST) Producer Price Index MoM (Released 8:30 EST) PPI Ex Food & Energy MoM (Released 8:30 EST) Producer Price Index YoY (Released 8:30 […]

2008-07-15 US Economic Releases

[Skip to the end] ICSC-UBS Store Sales YoY (Released 7:45 EST) ICSC-UBS Store Sales TABLE (Released 7:45 EST) Producer Price Index MoM (Released 8:30 EST) PPI Ex Food & Energy MoM (Released 8:30 EST) Producer Price Index YoY (Released 8:30 EST) PPI Ex Food & Energy YoY (Released 8:30 EST) Advance Retail Sales MoM (Released […]

A Rescue Plan for the Dollar

A Rescue Plan for the Dollar By Ronald McKinnon and Steve H. Hanke The Wall Street Journal, December 27, 2007 Central banks ended the year with a spectacular injection of liquidity to lubricate the economy. On Dec. 18, the European Central Bank alone pumped $502 billion — 130% of Switzerland’s annual GDP — into the […]