A lack of inventory starved pending home sales.
2020 Ended Quietly (At Least in Terms of Data Releases): December 28 – January 1
A Chill Blew Through the Economy: December 21 – 25
Consumer spending fell in November.
Retail Sales Fall, Housing Starts Rise: December 14 – 18
Retail sales sputtered in the face of the second wave.
What We Learned About the U.S. Economy Last Week 