Economic Trends

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.

Economic Trends

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3Q Manufacturing Profits Rise

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.’

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.