Economic Statistics for 9 Feb 16
The Fed’s Labor Market Conditions Index slipped to 0.4 in January, From December’s 2.9.
Wholesale inventories fell -0.1% in December, while a -0.3% decline in sales kept the stock-to-sales ratio at 1.32.
The Labor Department’s JOLTS report indicates that December job openings came in at 5.607 million.
The NFIB Small Business Optimism Index fell sharply to 93.9 in January, from December’s 95.2.
Redbook reports that last week’s retail sales kept sliding downwards to 0.6% on a year-ago basis, from the previous week’s 0.8%.