US Producer Prices Jump as Retail Sales Miss Forecasts

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Prices paid to US producers rose in February by the most in six months as US retail sales increased by less than forecast. Initial jobless claims fell to 209,000. Mike McKee breaks down the numbers.

For more on this story, please see: https://www.bloomberg.com/news/articles/2024-03-14/us-producer-prices-jump-adding-to-signs-of-persisting-inflation

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6 COMMENTS

  1. If the jobs pay no money why are they counted the same? Seems like employers are pumping out low wage jobs to try to keep numbers good in hopes of rate cuts

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