Inflation remains under control
Consumer spending consistently weak
Second monthly decline in a row
U.S. retail sales for December delivered a decent headline, but weak details spooked traders. Overall, sales were up 1.2% in December, but the growth was entirely driven by auto sales. Sales outside of the auto sector were flat in December following a downwardly revised gain of 0.3% in November. “While the December increase in overall […]
Low mortgage rates, growing employment fuel demand
1 in 3 homeowners planning to renovate CHMC survey finds
Lowest reading in five months
Energy prices blamed for sharp increase in CPI
U.S. labour market remains weak