Date: 16 November, 2019 | By : Taro Chellaram, CCIM
U.S. - The Consumer-Producer Divide on Full Display
- Retail sales beat expectations and rose 0.3% in October, reflecting the ongoing strength of the consumer. Control group sales, a major input to GDP, also increased 0.3%.
- Industrial production in October declined 0.8%. Overall production remains in the doldrums with the energy s