Archive for June 15th, 2011

U.S. Industrial Production Rose 0.1% In May

U.S. industrial production rose 0.1% in May. Consensus was at 0.2%, April reading was at 0.0%. On year level industrial production is up 5.9%.

June Empire State Manufacturing At -7.8

Empire State Manufacturing General Business Conditions Index for June came out at -7.8 vs. 12.0 consensus and prior reading of 11.9.

Ugly looking chart.

Daily Reading – Tuesday, June 15, 2011

*** The Big Picture: ECRI: Prolonged U.S. Slowdown Underway ***
*** FT Alphaville: What modern oil market intervention looks like ***
*** FT Alphaville: WGO – What’s going on in Brent-WTI? ***
*** FT BeyondBRICs: S&P cuts China property outlook ***
*** FT BeyondBRICs: Sino Forest: smoke or fire? ***
*** The China Beat: China’s Water Challenges: A Quick Q & A with Environmental Historian Kenneth Pomeranz ***
*** FastCompany: KinectShop: The Next Generation Of Shopping [Exclusive Video] ***

U.S. Consumer Price Index Rose 0.2% In May

U.S. consumer price index rose 0.2% in May vs. 0.1% consensus and April reading of 0.4%. On year level CPI inflation is running at 3.6%.

 

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