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US Data Point to Stronger Economy

July 16,2016 09:26

Confident consumers and a stabilizing factory sector put the wind at the U.S. economy's back as it entered the second half of the year. A slew of reports Friday pointed to a healthy gain in retail sales, a pickup in industrial production and firming ...



Confident consumers and a stabilizing factory sector put the wind at the U.S. economy’s back as it entered the second half of the year. A slew of reports Friday pointed to a healthy gain in retail sales, a pickup in industrial production and firming inflation last month. Overall growth appears to have rebounded solidly in the spring after a winter lull, and continued strength in household spending stands to propel the economy in the...

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