Employers continued to expand their payrolls during July, but they were stingier with pay hikes.
Retail Sales and Inflation Both Take a Summer Break: July 10 – 14
The summer has not been sizzling (so far) for retailers while inflation takes June off for vacation.
Hiring Picks Up, Trade Deficit Narrows: July 3 – 7
The labor market rebounded in June with accelerated hiring in health/social assistance and leisure/hospitality.
