Okay the Producer Price Index came in at 7.0% growth, slightly under economists estimates of 7.4%, but still a good growth number
Retail Sales came in at 0.1%, slightly above economist’s estimates of -0.1%, and an anemic number, but at least it’s positive.
Initial Jobless Claims came in at 405K, slightly below economist’s estimates of 415K, a nice change compared to recent unemployment numbers.
But the economy need better numbers than these to get our growth to where it needs to be to get us out of this economic malaise.
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