On one hand, a revised Q3 GDP estimate does not inspire nor does data on November business conditions. Yet, consumer sentiment improved as 2015 was wrapping up with Americans opening up their wallets.
A decent start to the holiday retail season and continued solid labor market news are among last week’s highlights. Here are the 5 things we learned from U.S. economic data released during the week ending December 11. Retail sales had a good start to the holiday season. The Census Bureau estimates retail sales were at... Continue Reading →