Wood Markets News


Consumer Price Index Inches Higher in September

The Bureau of Labor Statistics (BLS) is reporting that consumer prices increased at a slower pace in September. According to the BLS, The Consumer Price Index (CPI) rose by 0.2% on a seasonally adjusted basis, slower than the 0.4% increase experienced in August and a 0.6% increase in July.

The Fed Reports Consumer Credit Drops in August

The latest G-19 Consumer Credit Reports from the Federal Reserve covers consumer credit, excluding loans secured by real estate, the end of August 2020. According to the report consumer credit decreased at a seasonally adjust annual rate (SAAR) of 2% from July.