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3/27/2022 0 Comments

RETAILERS RESPOND TO PRELIMINARY NAFTA DEAL WITH MEXICO

WASHINGTON — The National Retail Federation today issued the following statement from President and CEO Matthew Shay after the United States and Mexico announced a preliminary deal on the North American Free Trade Agreement.
“Coming to terms with Mexico is an encouraging sign, but threatening to pull out of the existing agreement is not. NAFTA supports millions of U.S. jobs and provides hardworking American families access to more products at lower prices. To preserve these benefits and protect complex, sophisticated and efficient supply chains, the administration must bring Canada, an essential trading partner, back to the bargaining table and deliver a trilateral deal. We hope all parties will resolve their remaining differences, and we will assess any final agreement based on whether it promotes U.S. economic growth and continues to improve the lives of American workers and consumers.” for more
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3/27/2022 0 Comments

Producer Price Index - November 2021

The Producer Price Index for final demand increased 0.8 percent in November
November 2021
The Producer Price Index for final demand increased 0.8 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 percent in each of the 3 prior months. (See table A.) On an unadjusted basis, the final demand index rose 9.6 percent for the 12 months ended in November, the largest advance since 12-month data were first calculated in November 2010.
 
In November, the index for final demand services rose 0.7 percent and prices for final demand goods increased 1.2 percent.
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3/27/2022 0 Comments

Employment Updates - November 2021

Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent
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Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month.
 
This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the TechnicalNote.
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