Saturday, 16 January 2016

Weekly indicators: once again, in important way to mark your beliefs to reality edition

Monthly data was dominated by yesterday's quartet of releases: industrial production was down strongly, business sales and inventory both declined, producer prices declined again (although the YoY measure improved), and nominal retail sales declined slightly.  Earlier in the week, JOLTS data was mixed, with positive quits, sideways hires, and negative openings.
 


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