Weekly Indicators: gas prices up, usage down, consumers wobble edition

Commodity prices as measured by industrial metals bottomed last November. ECRI subsequently turned up as well, enough so that both turned positive. In the last 5 weeks, however, metals have been negative for all but two weeks. Stock prices S&P 500 Down -0.7% w/w Stock prices became a positive having made new all-time highs in summer. Regional Fed New Orders Indexes (*indicates report this week) Empire State up +1.9 to -5.6 Philly up +14.9 to +16.3 *Richmond down -5 to -12 *Kansas City up +2 to +14 Dallas down -8.2 to -2.9 Month over month rolling average: down -1 to…

Source: XE news feed
Weekly Indicators: gas prices up, usage down, consumers wobble edition