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Thursday, December 15, 2011

today’s data, prepare to next run

 

All datum are prepared for next run. But not ready yet.

but please be ready!

蓄势,  蓄势,蓄势, 待待待待发

Initial unemployment claims fell to the lowest level since May 2008. The number of workers asking for unemployment benefits for the first time fell 19,000 to 366,000, more than the 9,000 decline expected by economists. The continued improvement in this metric is a sign that the labor market is getting better.
Industrial production dropped 0.2% in November as a decline in auto production dragged the metric lower. Supply chain disruptions due to flooding in Thailand were also to blame. Economists had expected production to be flat for the month.
Higher food and energy costs pushed wholesale producer prices up 0.3% last month. Excluding those volatile categories, prices rose just 0.1%. The slow level of inflation could give the Federal Reserve room to further ease monetary policy without worrying about run away price levels.
Both the New York and Philadelphia Federal Reserve Banks reported gains in factory activity. The data also showed that new orders have begun to strengthen and that manufactures are more optimistic about the future.

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