Manufacturing had its largest single-month increase in activity since last summer (although the sector remains weak) while core consumer prices continue to pick up.
Business Conditions Stagger, Yet Consumers Perk Up for the Holidays: What We Learned During the Week of December 21-25
On one hand, a revised Q3 GDP estimate does not inspire nor does data on November business conditions. Yet, consumer sentiment improved as 2015 was wrapping up with Americans opening up their wallets.
Fed Raises Interest Rates, Earth Continues to Rotate Normally: What We Learned During the Week of December 14-18
The Fed finally made a move, manufacturing remained stuck in neutral and new home starts rebounded.
