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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (184507)	3/11/2004 12:03:35 PM
From: TigerPaw	Respond to of 1572754

The delays in the PPI are officially due to changes in the ways that statistics are gathered. Perhaps they cannot decide whether pickles are a finished manufacturing good, or now part of the new manufacturing process of building hamburgers. The net effect is that inflation rates are not being reported. An uptick in inflation would put pressure on the Fed to begin the process of interest rate increases. Is there an uptick in inflation? Without the PPI there is only ancedotal evidence. story.news.yahoo.com <font color=brown> The nearly three-week delay for the January report is unheard of in the government's statistics system. Some economists said they miss the wholesale price data, in part because it can offer early clues on profits and, by extension, hiring. Irwin Gerduk, assistant commissioner for BLS' PPI section, said the January and February data will be released in separate reports as soon as accurate data can be calculated. "A January index will be released first -- God knows when -- and some time subsequent to that there would be a February index release," Gerduk said, adding that it would take "quite a bit of time" to produce the February report even after the calculation problems were solved in the January report. </font> TP