October retail sales up 0.1 percent from September and 4.3 percent year-on-year
Retail sales in October increased 0.1 percent over September on a seasonally adjusted basis and were up 4.3 percent year-over-year. The numbers exclude automobiles, gasoline stations and restaurants.
October Consumer Price Index up 0.1 percent from September and 2.0 percent year-on-year
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in October and was up 2.0 percent year-on-year. The index for all items less food and energy increased 0.2 percent in October and was up 1.8 percent year-on-year.
October Producer Price Index up 2.8 percent year-on-year, largest rise since February 2012
The Producer Price Index for final demand increased 0.4 percent in October, after rising 0.4 percent in September and 0.2 percent in August. On an unadjusted basis, the final demand index increased 2.8 percent for the 12 months ended in October, the largest rise since an advance of 2.8 percent for the 12 months ended February 2012.
September business inventories flat but sales rose
Business inventories were flat in September followed a downwardly revised 0.6 percent increase in August. Inventories are a key component of gross domestic product and were previously reported to have risen 0.7 percent in August.
October Small Business Optimism Index maintains high level set last November
More small business owners last month said they expect higher sales and think that now is a good time to expand, according to the October NFIB Index of Small Business Optimism. The October Index rose to 103.8, up from 103 the previous month. The historically strong performance extends the streak of positive months dating back to last November, when it shot up immediately following the election.
CoreLogic: August foreclosure inventory rate dips to lowest rate since August 2006
Nationally, 4.6 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in August 2017. This represents a 0.6 percentage point year-over-year decline in the overall delinquency rate compared with August 2016 when it was 5.2 percent.