Retail Sales and Inflation Both Take a Summer Break: July 10 – 14

The summer has not been sizzling (so far) for retailers while inflation takes June off for vacation.

The Fed Moves, Inflation Does Not: June 12 – 16

The Federal Reserve raised short-term interest rates even though inflation remains below where it wants it to be.

Manufacturing output bounced up in April, led by a boost in automobile production. Leading indicators suggest economic growth in the coming months.