Even though the storm hit Texas during the final days of August, the impact Hurricane Harvey was already showing up in the data.
Industrial Production and Retail Sales Take a Pause: September 11 – 15
Job Openings Hit a New Record: August 7 – 11.
Employers have many unfilled jobs while inflation remains subdued.
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.
What We Learned About the U.S. Economy Last Week 