Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (30729)	2/17/2000 10:13:00 AM
From: Lee	Read Replies (1) \| Respond to of 50167

Economic Data for Thursday, Feb. 17, 2000 Weekly Jobless Claims = -20k to 283k dol.gov In the week ending Feb. 12, the advance figure for seasonally adjusted initial claims was 283,000, a decrease of 20,000 from the previous week's revised figure of 303,000. The 4-week moving average was 281,500, an increase of 4,750 from the previous week's revised average of 276,750. PPI for Jan. = unchanged Core rate = -0.2% stats.bls.gov The Producer Price Index for Finished Goods showed no change in January, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This followed a 0.1-percent increase in December and a 0.2-percent advance in November. The index for finished goods other than foods and energy fell 0.2 percent in January, after edging up 0.1 percent in the previous month. At the earlier stages of process, prices received by producers of intermediate goods rose 0.4 percent, following a 0.2-percent increase in the prior month, and the crude goods index advanced 2.7 percent, after a 3.9-percent decline a month earlier. (See table A.) Philly Fed for Feb phil.frb.org Business Outlook Survey indicators suggest continuing growth for the region's manufacturing sector. Most survey measures increased over their readings in January, and six-month forecast indicators improved as well. A sizable share of respondents reported increases in input prices, although price pressures on final goods are less evident. Nearly 41 percent of the manufacturers polled reported higher prices for inputs this month. The current prices paid index increased notably from 21.9 in January to 40.0 this month (see Chart). While input price pressures are in evidence, prices of final manufactured goods have not shown the same degree of increase. Only 13 percent of the firms reported increases in prices received for final manufactured goods; 4 percent reported decreases. The prices diffusion index for prices received rose less dramatically, from 5.2 in January to 8.8.