by Doug Short and Steven Hansen The December 2013 Consumer Price Index (CPI-U) year-over-year inflation rate increased again marginally fueled by rise in energy prices.
Written by Doug Short and Steven Hansen The December 2013 Conference Board Consumer Confidence Index rebounded after last months decline. The market expected this index to come in at 72.0 to 81.2 (versus the 78.1 reported).
by Doug Short, Advisor Perspectives/dshort.com The University of Michigan Consumer Sentiment final number for December came in at 82.5. Today’s number is slightly below the Investing.com forecast of 83.0. Today’s level is 2.6 points below the interim high in July but 9.6 points above the December cliff-dive a year ago, which reflected Fiscal Cliff anxieties.
Written by Doug Short and Steven Hansen The third estimate of third quarter 2013 Real Gross Domestic Product (GDP) is now a positive 4.1%. The market expected GDP at +3.6% to 3.7%. This data point was 2.8% in the advance GDP estimate, and 3.6% in the second estimate.
by Doug Short and Steven Hansen The November 2013 Consumer Price Index (CPI-U) year-over-year inflation rate increased marginally but was constrained by a decline in energy prices.