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Simply Economics
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Recap of US Markets
The Economy
The Bottom Line
Looking Ahead



Pre-holiday data

By Evelina M. Tainer, Chief Economist, Econoday
November 22, 2002




Note: Due to the holiday-shortened week, Simply Economics will not be published next week. Have a happy Thanksgiving!

Several key indicators were reported this week confirming that economic conditions are not changing rapidly. The international trade figures were affected by the West Coast lockout; October housing starts reversed the September surge; the consumer price index revealed neither inflation nor deflation; and the Philadelphia Fed survey suggested a potential uptick in manufacturing activity for the month.

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