Saturday, 30 January 2016

Weekly Indicators: still "less worse" edition

The big news in the past week was that 4th Quarter GDP remained positive, even if only slightly.  The more forward looking indicators of that release also were positive.  Q4 median wages also improved.  Monthly data included positive new home sales, and a big rebound in the Chicago PMI. Two measures of consumer sentiment moved in opposite directions. Durable goods were negative.
 


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