Author: Bill McBride

Note: This release is for December (not January). The Census Bureau is working to catch up following the government shutdown.On a monthly basis, retail sales decreased 1.2 percent from November…

Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about…

Following the weak retail sales report, Q4 GDP estimates have been revised down.From Goldman Sachs: The retail sales report indicated a considerably weaker pace of fourth quarter consumption growth than…

Statement by the IMF on GreecePress Release No.15/310June 30, 2015 Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today regarding Greece’s financial…

An interesting piece from Josh Lehner at the Oregon Office of Economic Analysis Economic Drags and the Outlook. The introduction: So far in early 2015, the U.S. economic data flow…

The key economic reports this week are March Retail sales on Tuesday, and March Housing Starts on Thursday.For manufacturing, the March Industrial Production and Capacity Utilization report, and the April…

Demand for gasoline has picked up significantly recently. In January, U.S. vehicle miles driven hit a new all time high. However inventories are still at record levels (see first graph)…