U.S. Economic News
May 12, 2020
U.S. Economic Indicators
The NFIB Small Business Optimism Index fell 5.5 points to 90.9 in April, as nine components weakened and one improved. The decline in the headline index was driven by plummeting expectations of future sales which was partially offset by expectations of future economic improvement. NFIB Report
Consumer prices fell 0.8% in April (up 0.3% from a year ago). The “core” CPI, which excludes food and energy, fell 0.4% in April – the largest monthly decline in the series history dating back to 1957 – and is up 1.4% from last year. BLS Report