The October Coincident Employment figures were influenced by the auto-strike, so we should reserve some judgment until those numbers are added back in November.
15 individual components are used across both indexes which reduces outsized distortions.
— Eric Basmajian (@EPBResearch) November 16, 2023
https://twitter.com/MichaelAArouet/status/1725263899421712636
"It will probably start on a Friday" https://t.co/0EOYev1sC3 pic.twitter.com/9BBQamj3GK
— Financelot (@FinanceLancelot) November 16, 2023
U.S. Retail Sales Fall for First Time Since March as Holiday Season Approaches