July featured both a pick up in retail sales and continued uneven activity in the manufacturing sector. Here's the U.S. economic data you missed during the week ending August 14. July was a solid month at the cash register. The Census Bureau says retail sales totaled $446.5 billion (seasonally adjusted), up 0.6% from the previous... Continue Reading →
Decent Job Creation, Weak Spending: What We Learned During the Week of August 3-7
July saw more than 200k jobs being created, but other economic metrics released last week did not inspire as much confidence. Here's the U.S. economic data you missed during the week ending August 7. 1. July job creation: Not bad…not great. The Bureau of Labor Statistics estimates nonfarm payrolls grew by 215,000 on a seasonally adjusted... Continue Reading →
