Economic Statistics for 7 Apr 15
The Labor Department JOLTS report shows 5.133 million job openings on the last business day of February, versus 4.965 million in January.
Consumer credit rose a $15.5 billion in February, mainly on autos and government acquisition of student loans. Revolving credit fell $-3.7 billion, which seems to be bad news for consumer spending, especially as revolving credit has fallen in four of the last five months.
Redbook reports that last week’s retail sales rose to 3.4% on a year-ago basis, from the previous week’s 3.0%.
Gallup’s U.S. Economic Confidence Index fell -3 points to -2 in March.