Data released last week further confirms that the U.S. economy is growing at only a modest rate.
The Fed Holds, GDP Nearly Pauses & Manufacturing Slumps: What We Learned During the Week of January 25-29
The Fed decides to hold steady as we learn that GDP sputtered at the end of 2015 and durable goods orders plummeted in December.
Housing Rebounded Yet Business Activity Chilled in December: What We Learned During the Week of January 18-22
A series of reports released last week finds November’s drop in housing was an aberration but also that overall business activity remained feeble in December.
