The summer of 2017 is shaping up better for retail sales than previously believed.
Retail Sales Jumped, Factory Output Slowed in July: August 14 – 18
Job Openings Hit a New Record: August 7 – 11.
Employers have many unfilled jobs while inflation remains subdued.
Companies Continue to Hire, But Wage Growth Lags: July 31 – August 4
Employers continued to expand their payrolls during July, but they were stingier with pay hikes.
What We Learned About the U.S. Economy Last Week 