While housing rebounded in September, 2 measures suggest overall economic activity was weak during the month.
Continued weakness in manufacturing and retail, along with a drop in job openings, were last week’s highlights. Here are the 5 things we learned from U.S. economic data released during the week ending October 16. Manufacturing production eased for the 3rd time in 4 months in September. The Federal Reserve indicates manufacturing output slipped 0.1%... Continue Reading →
In a rather light week for economic data, we saw the trade deficit zoom up but jobless claims fall to a 42-year low. Here are the 5 things we learned from U.S. economic data released during the week ending October 9. A jump in imports and a drop in exports in August led to the... Continue Reading →