Wholesale Sales Relatively Strong in December 2013

Written by Steven Hansen December 2013 wholesale sales and inventories data was relatively strong. This data series is very noisy, and has been on a roller coaster of one good month / one bad month. Even the unadjusted three month rolling average is stronger than the headline data this month.

January 2014 Philly Fed Business Outlook Improves, Internals Mixed

Written by Steven Hansen The Philly Fed Business Outlook Survey strengthened marginally but remains in positive territory. Key element new orders softened but remains expansion territory.

January 2014 Empire State Survey Jumps Further Into Expansion Territory

Written by Steven Hansen The Empire State Manufacturing Survey jumped further into expansion territory in January 2014.