The summer has not been sizzling (so far) for retailers while inflation takes June off for vacation.
Retail Sales and Inflation Both Take a Summer Break: July 10 – 14
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.
The Unemployment Rate Falls to a 16-Year Low: May 29 – June 2
The last time the unemployment rate was this low, it was 2001. But the pace of job creation during May was relatively modest.
What We Learned About the U.S. Economy Last Week 