Commentary

The U.S. Purchasing Managers Index came in nicely expansionary, at 57.1 in December versus 56.5 in November. The ISM Manufacturers Index was also nicely expansionary, at 60.7 versus 57.5 for November.

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Consumer Prices rose by 0.2% in November after having been flat for October. Final Demand Producer Prices rose 0.1% after having been up 0.3% in October.

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The U.S. Consumer Price Index was flat for October. U.S. Producer Prices were up 0.3% for the month.

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