Commentary

New U.S. Single-Family Home Sales came in at a 745,000-unit annualized rate in October, approximately flat with September and below expectations of 800,000 units. Nominal Consumer Spending was up 1.3% in October, after having been up 0.5% in September.

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U.S. Producer Prices were up 0.6% in October versus up 0.5% for September. Consumer Prices were up 0.9% in October versus up 0.4% in September.

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U.S. Producer Prices were up 0.6% in October versus up 0.5% for September. Consumer Prices were up 0.9% in October versus up 0.4% in September.

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