Key Economic Indicators – November 12, 2012

  • In September international trade deficit was $41.5 billion, $2.3 billion less than the August figure.
  • The import price index increased 0.5% in October, while the export price index held steady.
  • Sales of merchant wholesalers in September were up 2.0% from August, while inventories were up 1.1%.
  • September consumer credit outstanding increased at an annual rate of 5.0% to $2,737.2 billion.
  • The 30-year fixed mortgage rate averaged 3.40% for the week ending November 8, up from last week when it averaged 3.39%.
  • The advance figure for initial claims for unemployment insurance decreased by 8 thousand to 355 thousand in the week ending November 3.
  • In October, the Institute for Supply Management’s (ISM) survey results indicated growth in the non-manufacturing business activity for the 34th consecutive month.
  • The Thomson Reuters/University of Michigan Index of Consumer Sentiment, preliminary, increased to its highest level since July 2007.

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