What We Learned About the U.S. Economy Last Week
Weekly Economic Update: A brief, non-technical review of the previous week's U.S. economic data releases by Kevin A. Roth, PhD
While GDP was a bit better than previously believed during the final days of 2015, housing and manufacturing data has the economy crawling early this year.
GDP growth was not as poor as previously thought during Q4 2015 (although still quite weak) while there was a spark in consumer spending during January.
The Fed decides to hold steady as we learn that GDP sputtered at the end of 2015 and durable goods orders plummeted in December.
