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Goods exports inched up by 1.2% year-over-year in the January data

The growth rate for Total Nonfarm Employment ticked down in the February data, to 1.27% year-over-year from 1.38% in the January data.

December data show a significant acceleration in domestic industrial production, posting nearly 2% year-over-year growth following a year of mostly slow contraction.

Despite a report whose internals support a lower-than-expected PCE inflation reading, the December Producer Price Index data show acceleration in the All Commodities index.

Nominal goods exports saw negative year-over-year growth in the December data, following a year of relatively flat export growth.

Nominal goods imports rose in the December 2024 data, posting a nearly 13% year-over-year increase.

Employment growth continues to be driven by gains in the service sector.

Headline aggregates for Industrial Production rebounded in the December data, following months of steadier decline.