ICSC /Goldman Sachs Chain Store Sales Fall
More Than 850,000 Kids Visited Santa Over Black Friday Weekend
UPDATE: Is Black Friday past its sell-by date?
Increasing employment and income data suggest that retail sales could accelerate even more from here.
Shopping center data hit new highs, auto sales broke all expectations in June despite strong headwinds, and pending home sales made one of their biggest jumps in the recovery.
A skills mismatch and lack of labor mobility could trouble the employment market.
But the economy is not all roses, either.
The report for December indicates that the economy is neither falling apart nor accelerating in any meaningful way, says Morningstar's Bob Johnson.
Amid shifting consensus estimates, my moderately bullish U.S. GDP growth outlook remains relatively unchanged, writes Morningstar's Bob Johnson.
Last week's GDP revisions gave everyone a chance to revisit where the economy is and where has it been.