The running theme of last week’s economic data was softness.
Tame Inflation in September: October 7 – 11
Autos Fuel Retail Sales, Prices Firm: September 9 – 13
Consumers were buying vehicles in August.
Open Jobs Remained Open in June: August 5 – 9
Employers continued to seek workers, but producer prices and service sector growth both staggered.
What We Learned About the U.S. Economy Last Week 