Weekly Economic Update: April 8-12, 2013

Apr 15 2013

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The U.S. Treasury budget reported a deficit of $106.5 billion in March. The topline producer price index fell 0.6% in March. Retail sales fell 0.4% in March. Initial jobless claims fell 42,000 to 346,000 for the week ended 4/6.

• The U.S. Treasury budget reported a deficit of $106.5 billion in March.

• The topline producer price index fell 0.6% in March. The core PPI was up 0.2%.

• Retail sales fell 0.4% in March. Retail less autos was also down 0.4% and less autos & gas was down 0.1%.

• Initial jobless claims fell 42,000 to a level of 346,000 for the week ended April 6th.

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