4513 outlook

Economic Outlook: November 15, 2019

Nov 15, 2019  | Ep4513

Increased prices associated with tariffs – and the threat of new tariffs - have done little to dampen our buying habits. ---

Retails sales numbers from the Commerce Department show a 0.3 percent increase in October.

Online purchases have climbed 14.3 percent when compared to a year ago.

The Consumer Price Index rose 0.4 percent last month as we paid a little more for what we bought.

When the higher prices for food and gas are removed, Core CPI rose 0.2 percent.

A survey by the Kansas City Fed shows farm income fell in the third quarter as rural America still suffers from the trade war. 

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