Economic activity in the manufacturing sector grew in December, though the PMI dropped 2.4 points from November.
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November 2021 construction spending was estimated at $1,625.9 billion, a 0.4% increase over the revised October estimate.
The international trade deficit was $97.8 billion in November, while exports were down $3.3 billion, according to a Census Bureau report.
Led by slower growth in production-related indicators, the Chicago Fed National Activity Index decreased to +0.37.
The Consumer Price Index has seen its largest 12-month increase in nearly four decades, according to recently released federal data.
Estimates of U.S. retail and food services sales for November were $639.8 billion, an 18.2% increase over the same period in 2020.
The U.S. Bureau of Labor Statistics says wholesale prices in November were up 9.6% from a year ago, the biggest 12-month jump since 2010.
The Census Bureau says seasonally adjusted after-tax profits in the third quarter of 2021 totaled $254.6 billion.
Sales of wholesale merchants in October were up 22.2% from last year, according to data released by the U.S. Census Bureau.
The November seasonally adjusted Fastener Distributor Index of 57.6 was driven primarily by ‘better seasonally adjusted selling momentum.’
The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, according to a new report.
The industry added 31,000 net jobs in November, according to an Associated Builders and Contractors analysis of U.S. labor data.
Spending during October 2021 was estimated at a seasonally adjusted annual rate of $1.598 trillion, according to the U.S. Census Bureau.
The international trade deficit was $82.9 billion in October, down $14.1 billion from $97.0 billion in September, the Census Bureau said.
Real GDP increased at an annual rate of 2.1% in 2021 3Q, according to the second estimate released by the Bureau of Economic Analysis.
Advance U.S. selected services total revenue for 2021 3Q was $4,524.9 billion, an increase of 3.7% over 2021 2Q and up 15.2% from 2020 3Q.
Privately‐owned housing units authorized by building permits in October 2021 were 4% above the prior month’s rate and 3.4% above the October 2020 rate.
Industrial production rose 1.6% in October after falling 1.3% in September, according to a report from the U.S. Federal Reserve.
Census Bureau reports combined value of distributive trade sales and manufacturers’ shipments for Sept. was estimated at $1,669.7 billion.
U.S. retail and food services sales for October 2021 were $638.2 billion, an increase of 1.7% over September and 16.3% above October 2020.
