The running theme of last week’s economic data was softness.
Tame Inflation in September: October 7 – 11
Open Jobs Remained Open in June: August 5 – 9
Employers continued to seek workers, but producer prices and service sector growth both staggered.
Core Prices Chill, Job Openings Grow: May 6 – 10
Core inflation was on spring break in April, except at the gas pump.
What We Learned About the U.S. Economy Last Week 