Repeating a monthly trend that had started back in October 2010, employers added workers in December. Survey data also indicated that both the manufacturing and service sectors grew during the same month.
Americans’ Confidence Higher Now Than It Has Been in Over a Decade: What We Learned During the Week of December 26 – 30
The final holiday gift was a report that consumer sentiment surged during the final 2 months of 2016.
A Wider Trade Deficit, Fewer Job Openings: What We Learned During the Week of December 6 – 10
The trade deficit widened and there were fewer job openings in October. On the other hand, new orders for factory orders grew in October while the service sector blossomed in November.
