Full text of U.S. Financial Data : February 21, 2002
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February 21, 2002 USFinancialData THE WEEK’S HIGHLIGHTS: s Measured in current dollars, U.S. exports of goods and services totaled $77.9 billion in December, up 0.2 percent from November. By contrast, imports of goods and services fell 2.9 percent in December to $103.2 billion. Accordingly, the U.S. goods and services trade deficit totaled $25.3 billion in December. For the year, the trade deficit totaled $346.3 billion, down $29.5 billion from a year earlier. s The Conference Board reported that the index of leading economic indicators, after gains of 0.8 percent in November and 1.3 percent in December 2001, rose 0.6 percent in January. The leading indicators index has risen four months in a row. s In January, the consumer price index (CPI) rose 0.2 percent, or at a 2 percent annual rate. Excluding food and energy prices, the CPI rose at a 1.9 percent rate. Measured from a year earlier, the total CPI is up 1.1 percent, while the so-called core CPI is up 2.6 percent. Effective with January 2002 data, the CPI is now constructed using expenditure weights for the 1999-2000 period. These weights replace the 1993-95 weights, which were introduced in January 1998. NOTE: The U.S. Treasury Department announced that the 30-year constant maturity series listed on page 7 was discontinued as of Feb. 18. In its place, we will begin listing the Treasury long-term average rate, which is an unweighted average of yields on all outstanding fixed-coupon bonds with 25 years or more remaining to maturity. For more information, see <http://www.treas.gov/domfin/statistics.htm>. All data are seasonally adjusted unless otherwise indicated. U.S. Financial Data is published weekly by the Research Division of the Federal Reserve Bank of St. Louis. For more information on data, please call (314) 444-8590. To be added to the mailing list, please call (314) 444-8809. Information in this publication is also included in the Federal Reserve Economic Data (FRED) data base on the internet at www.stls.frb.org/fred.