Saturday, 6 February 2016

Weekly Indicators: the US$ slides towards parity against major currencies edition

 January 2016 reports started out with a continuation of job gains, including big positive moves in hours, hourly wages, and participation.  Vehicle sales were positive, although still below their late 2015 peak. ISM manufacturing was less negative (but new orders turned positive), and ISM services were less positive.  Meanwhile December factory orders declined, construction spending improved slightly, personal income improved, and real personal spending was slightly positive.



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