Manufacturing slowed in December, while construction was stable in November.
Factories Remained in Low Gear: December 30 – January 3
Building Economic Growth: December 23 – 27
Economic activity improved in November.
The Fed’s Holiday Gift: December 16 – 20
The Federal Reserve cut its short-term interest rate target but signaled fewer cuts than previously expected for 2025.
What We Learned About the U.S. Economy Last Week 