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NY Fed Weekly Economic Index (WEI)

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THe NY Fed Weekly Economic Index (WEI) falls to 2.62 from 3.20% in the prior week, is "due to decreases in retail sales, steel production, tax withholding, consumer confidence, railroad traffic, and electricity output, and a rise in initial unemployment insurance claims, which more than offset an increase in fuel sales," NY Fed reports.

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THe NY Fed Weekly Economic Index (WEI) falls to 2.62 from 3.20% in the prior week, is "due to decreases in retail sales, steel production, tax withholding, consumer confidence, railroad traffic, and electricity output, and a rise in initial unemployment insurance claims, which more than offset an increase in fuel sales," NY Fed reports.

NY Federal Reserve/MNI