Free Markets, Free People

Economic Statistics for 8-9 Dec 15

The NFIB Small Business Optimism Index fell 1.3 points in November to 94.8.

Redbook reports that last week’s retail sales fell back to a weak 1.9% on a year-ago basis, from the previous week’s Black Friday-induced 3.9%.

The Labor Dept’s JOLTS report fell substantially, as job openings fell from 5.562 million in September to 5.383 million in October.

The MBA reports that mortgage applications rose 1.2% last week, with purchases up only 0.04% but refis up 4.0%.

Wholesale inventories fell 0.1% in October, while no change for sales kept the stock-to-sales ratio unchanged at 1.31. 

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