Wednesday, December 21, 2005

Quick Overview

  • The U.S. economy grew at a 4.1% annual rate in the third quarter, lower than the 4.3% rate initially reported in November, the Commerce Department said Wednesday.

  • The core personal consumption expenditures price index increased at an annual rate of 1.4% in the third quarter, down from 1.7% in the second quarter.

  • The DoE said that :
    Supplies of crude oil were up 1.3 million barrels to 322.5 million barrels
  • Supplies of unleaded gasoline were down 300,000 barrels
    Supplies of heating oil were down 1.5 million barrels.

  • The USDA said that there were 28.7 million pounds of frozen pork bellies in storage as of November 30th, down 16% YoY. Frozen pork totaled 433.6 million pounds, down 1% YoY

  • The USDA said that, there were 1.03 billion pounds of frozen orange juice in U.S. storage, down 30% YoY..

  • London inventories of copper increased 3,550 tons to 80,600 tons.

  • Consumer spending in France increased 1.1% in November and 3.2% YoY.

  • Canada's retail sales were up 0.6% in October and up 4.5% YoY .

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