8/13: MetroIntelligence Economic Update by P. DUFFY

July core Producer Price Index shows first decline since October 2015 The ‘core’ Producer Price Index for final demand less foods, energy, and trade services fell 0.1 percent in July — the first decrease since October 2015 – but was up 1.7 percent year-on-year. However, the overall Producer Price Index for final demand advanced 0.2 percent in July, and was also up 1.7 year-on-year. https://www.bls.gov/ppi/   Gallup:  Small Business Index improved 7 points in 3Q 2019 In the latest quarterly Wells Fargo/Gallup Small Business Index survey, conducted July 8-12, 2019,…

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