Personal spending took a pause while inflation continued to firm in January.
GDP Growth Dimmed During Q4: What We Learned During the Week of January 23 – 27
A decline in exports (particularly for soybeans) pulled down economic growth during the final 3 months of 2016.
Employers Expanded Payrolls During the Final Days of 2016: What We Learned During the Week of January 2 – 6
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.
