Growth Outlook and Business Cycle
FMI’s reviews of today’s July NFIB Small Business Optimism Index and June Job Openings & Labor Turnover Survey data.
FMI’s analyses of today’s July Retail Sales and June Business Inventories reports as well as an updated look at 14Q2 GDP Sources & Assumptions.
FMI’s reviews of the latest Weekly UI Claims & Rail Traffic data and the June Import/Export Prices report.
Income and Spending Down Again in June in Japan
April-May Post-Tax Hike Spending Tracks Fairly Closely the Pattern in 1997
Also of note this week will be April Durable Goods Orders and Personal Income reports on Tuesday and Friday, respectively. Tuesday’s March Home Prices data should show continued solid year-over-year appreciation, though momentum is slowing gradually.