Thursday, January 14, 2010

Retail sales, jobless claims disappoint

But a deeper look offers reasons for optimism

Advance retail sales unexpectedly fell in December and weekly initial jobless claims rose more than forecast.

Favorable trends, however, are still intact for both economic indicators, while retail sales received a nice upward revision to November.

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A more detailed look will be available shortly on my homepage at Examiner.com.

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