Okay, Initial Jobless Claims were down, Continuing Jobless Claims were up, so the unemployment picture hasn’t brightened much.
The Producer Price Index increased at a rate of 6.8% annually, that’s up from 5.8% last month, so there’s some more inflationary pressure.
And for those of you who don’t eat, don’t drive a car, don’t use A/C during the summer, and aren’t going on a vacation this summer, The Producer Price Index Ex Food & Energy increase at a rate of 2.1% annually, that’s up from 1.8% last month. So even for those lucky few there’s clearly and increase in price pressure.
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury
301 Main Street
Baton Rouge, LA 70802
P.O. Box 44154 Capitol Station
Baton Rouge, LA 70804-4154
One American Place, 7th Floor
Corner of North Street & 4th Street
Exit 1D I-110 North Street / Capitol Park / Downtown