Preliminary estimates suggest retail sales were modest in November implying slow growth remains the most likely path.
READ MOREThe AIER Leading Indicators index posted a small gain in November but remains close to neutral, supporting a cautious outlook.
READ MOREWeekly initial claims jumped but the data tend to be quite volatile, especially around the holidays. Overall, the labor market remains tight.
READ MORESmall-business confidence rose in November despite concerns over labor shortages.
READ MOREA strong November jobs report suggests support for consumer spending and continued economic expansion, though erratic policies could weigh on consumer and business confidence.
READ MOREThe nonmanufacturing sector expanded in November, but the mixed results and near-neutral level of the composite index perpetuates doubts about the strength of the economy.
READ MORENonresidential construction activity continues at a high level though the broader trend is essentially flat.
READ MOREThe ISM’s manufacturing PMI posted a fourth consecutive month below neutral in November. Declining trade amid slowing global growth and erratic U.S. policies are keeping risks elevated.
READ MOREHousing activity is enjoying a tailwind from the drop in mortgage rates but housing activity is unlikely to contribute significantly to economic growth in coming quarters.
READ MOREConsumer sentiment has trended slightly lower in recent months but remains at a high level; partisan differences remain significant.
READ MOREHousing activity continues to rebound from a period of weakness, but the upside remains limited.
READ MORECore retail sales were weak in October adding to concern about the economy. However, continued economic expansion remains the most likely path.
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