Friday, February 19, 2010

Not good news

The government's producer price index (PPI) shot up at double the expected pace in January, propelled by big increases in energy costs, while new claims for unemployment benefits rose in the most recent week.
http://www.usatoday.com/money/economy/2010-02-18-wholesale-prices-jobless-claims_N.htm

Inflation and unemployment claims both up. Not good.

No comments: