THE BASIS POINT

Demand Side up, Supply Side down.

 

Redbook Chain Store Sales (week ended 10/31/2015)

– Store Sales year/year  +1.9%. Previous was +1.5%.

This make 4 consecutive weeks of improvement.

 

Factory Orders (September 2015)

– Factory Orders month/month -1.0%. Previous was revised down to -2.1%.

Durable Goods and Factory Orders have been hit hard lately.  Causes are a stronger US$ and slower growth in the world economy.

 

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