The labor market continued to create jobs during November while the economy grew at a faster than previously believed pace during the summer.
Q3 was the best quarter for GDP growth in 2 years, but consumer confidence slipped during the final days of the 2016 election.
September featured moderate growth in manufacturing, existing home sales, and in leading economic indicators.
Retail sales rebounded in September while the federal budget expanded by a third during FY2016.
Employers continued to add jobs at a moderate pace during September.
There was another tepid estimate of Q2 GDP. Consumer spending slowed in August, but consumer sentiment jumped in September.
Despite the dissent of 3 of its voting members, the FOMC keeps its interest rate target steady once again. Meanwhile, tight inventories clip home sales during August.
Industrial production and retail sales both shifted into lower gear as the weather heated up in August.