Wood Markets News


Producer Price Index for Final Demand Increases 0.5% in September

The Bureau of Labor Statistics (BLS) reported today (10-14-21) that the Producer Price Index (PPI) for final demand, seasonally adjusted, increased 0.5% in September. Final demand prices rose 0.7% in August, 1.0% in July, 1.0% in June, 0.8% in May, 0.6% in April, 1.0% in March, and 0.5% in February.

Weekly Jobless Claims Decline in the Week Ending October 9, 2021

The U.S. Department of Labor is reporting that an additional 293,000 Americans made their initial filing for unemployment benefits during the week ending on Saturday, October 9, 2021. This is a decrease of 36,000 from the previous week’s revised level and the lowest level for initial job claims since March 14, 2020.