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NY Fed: Weekly Economic Index (WEI)

US

NY Fed explains the latest WEI fell to 0.76 from 1.09 the last two weeks due to declines in "retail sales, steel production, fuel sales, and railroad traffic, and an increase in initial unemployment insurance claims, which more than offset rises in tax withholding and consumer confidence. Electricity output was not updated due to data unavailability."

NY Federal Reserve/MNI

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