Energy Surging into PPI Future

Since the Great Recession, the Producer Price Index (PPI) has been irrelevant. Whatever price increases occurred – the supply chain simply absorbed. With surging energy prices that is about to change.

Manufacturing Green Shoot Is Wilting

This weeks economic data continued to find the seasonal adjustment factors are not working properly. In most cases, if you compare the current data to pre-Great Recession data – one conclusion can be drawn. While if you compare the data to New Normal, another conclusion can be drawn. Industrial Production data was particularly effected.