Best viewed on a device with a bigger screen...
Retail and wholesale profit margins fell in April, in a sign of better inflation news ahead.
Progress will be uneven, but the ongoing inventory rebuild should push margins down over the next year.
Jobless claims seem to have stabilized at about 200K per week; nothing to worry about.
This publication is only available to U.S. (Monitor) subscribers
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
April, base effects, bls, business cycle, chinese ppi, consumer, consumption, core cpi, core goods, core goods inflation, core pce, core pce deflator, cpi, December, economy, energy, February, food, furniture, goods inflation, growth, healthcare, imports, income, inflation, inventories, labor, March, May, November, pce, ppi, ppi data, producer prices, profit, profit margins, retail, services inflation, trade, trade services, u.s., Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence