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.
Housing Rebounded Yet Business Activity Chilled in December: What We Learned During the Week of January 18-22
A series of reports released last week finds November’s drop in housing was an aberration but also that overall business activity remained feeble in December.
Factory Output Gains, Inflation Moves Closer to a Target: What We Learned During the Week of November 16-20
A rarity: solid, broad-based gains in manufacturing activity.
