Friday, February 17, 2017

We Just Got A Bunch Of Great News About The US Economy

By Yahoo, Feb. 15, 2017

On Wednesday, the news for the US economy was stellar across the board.

A batch of data released at 8:30 a.m. ET showed that retail sales, inflation, and manufacturing activity all topped expectations.

In January, retail sales rose 0.4% over the prior month, better than the 0.1% that economists were expecting. Perhaps the more encouraging part of this report was the revision to December’s number — a month that of course falls right in the heart of the all-important holiday shopping season — which now shows sales rose 1% during that month, up from an initial print of 0.6%.

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