Producer price index rises 8 7% in past year djournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from djournal.com Daily Mail and Mail on Sunday newspapers.
A drop in construction input or material prices in July may suggest that any pending recession could be milder than originally predicted by construction industry economists.
Construction input prices decreased 1.8% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
Stephen Guilfoyle in his Market Recon column shares how the Producer Price Index has cooled but home prices haven't, bemoans the Fed's failure to reduce the cash slosh, highlights the technical battle lines as various indexes and ETFs, and sees a possible breakout in Chevron (CVX)..BR