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.