Import Prices dropped 1.5% year-over-year in January, while Export Prices fell 1.2%.
Industrial Production decreased 0.3% in January, while Capacity Utilization also fell 0.3% to 78.5%.
Wholesale Inventories advanced 0.3% in December 2013, falling short of estimates at 0.5%.
Business Inventories increased 0.5% in December 2013, slightly higher than the previous month's 0.4% rise.
Retail Sales dropped 0.4% in January, while consensus pointed to zero change.
The NFIB Business Optimism Index gained 0.2 points to a level of 94.1 in January, beating forecasts of a fall to 93.6. .
U.S. Jobless Claims increased by 8,000 in the week ending February 8th to 339,000.
Crude Inventories increased by 3.3 million barrels last week, while oil prices rose to $99.98.
We currently have a Case 4, Bull market scenario in which earnings, inflation and interest rates are rising.