LAST WEEK

Daily Econ Digest Weekly Highlights:

• Market Watch: Greece’s debt deal isn’t the end of eurozone drama (Saturday)
• Wall Street Journal: White House Sees Workforce as Best Bet to Tackle Deficits (Friday)
• Bloomberg: Did the Fed Just Enter the Currency Wars? (Thursday)
• Forbes: More Than One In 10 American Workers Unemployed Or Underemployed (Wednesday)
• Forbes: Contra White House, Obamacare Exchanges Enroll Roughly 5 Million Uninsured, Not 11.4 Million (Wednesday)

 

Top Economic Indicator Highlights:

Producer Price Index for Final Demand (PPI-FD, January)

• PPI-FD: -0.8%, 12-mo avg.: 0.0%, Year/Year Change: -0.1%
• PPI-FD less food & energy: -0.1%, 12-mo avg.: 0.1%, Year/Year change: 1.5%
• Noteworthy: A sharp drop in energy pulled down the headline number, but there was softness in producer prices for goods and services as well.
• Series Detail: The PPI-FD is a collection of indexes that measures the average change in producer prices over time for domestically produced goods, services, and construction, from the perspective of the seller, whereas the consumer price index (CPI) measures price changes from the purchaser’s perspective.

 

THIS WEEK

Upcoming Economic Reports & Releases:

Major Indicators

• Existing Home Sales (10am, Monday)
• S&P Case-Shiller Home Price Index (9am, Tuesday)
• New Home Sales (10am, Wednesday)
• Consumer Price Index (8:30am, Thursday)
• Durable Goods Orders (8:30am, Thursday)
• GDP (8:30am, Friday)
• Pending Home Sales Index (10am, Friday)

 

Chart of the Week: