Econ Update

We got a few economic reports this morning. The ISM report rose to 55.3 from 54.2 in February. That’s a pretty good number.

The retail sales report showed a drop of 0.2% in February. The number for January was revised higher to 0.7% from 0.2%. Wall Street had been expecting an increase of 0.3%.

The best news was that construction spending rose 1% in February. This data series is now at a nine-month high.

Posted by on April 1st, 2019 at 1:44 pm


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