Economic Outlook: March 15, 2019

Mar 15, 2019  | Ep4430

The E-P-A moved forward this week with a formal proposal to sell E-15 year-round.

The combo of increased demand and lower fuel stocks has driven prices higher by a nickel in the last few days to $2.52 per gallon.  

Retail sales rebounded in January after a sluggish December. The Commerce Department pegged the increase at 0.2 percent.

Wholesale prices reversed course after three consecutive months of declines indicating little inflationary pressure in the economy.

New homes sales fell 6.9 percent in January and was likely a reflection of the government shutdown cutting into buying.

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