Fundamentals Show Weaker Growth.

Retail Sales (August 2015)

– Retail Sales month/month  +0.2%. Previous was +0.7%
– Retail Sales less autos month/month  % +0.1%. Previous was +0.6%
– Less Autos & Gas month/month  +0.3%. Previous was +0.7%.

Consumer Spending is the heart of GDP.  Spending is up but less than previous and less than expectation.

 
Redbook Chain Store Sales (week ended 9/12/2015)

– Store Sales year/year  +1.7%. Previous was +1.3%

 

Industrial Production (August 2015)

– Production month/month -0.4%. Previous was +0.9%
– Manufacturing month/month  -0.5%. Previous was +0.9%
– Capacity Utilization Rate  77.6%. Previous was 77.8%

 
Business Inventories  (July 2015)

– Inventories month/month  +0.1%. Previous was +0.7%.

This is a GDP component.