THE BASIS POINT

Job Openings Increase.

 

NFIB Small Business Optimism Index (January 2016)

– Level 93.9. Previous was 95.2

Small business owners (the ones who drive the jobs market) were a good bit less optimistic in January.  Falling equity prices and continuing bad world economic news are responsible.

 

 

Redbook Chain Store Sales (week ended 2/6/2016)

– Store Sales year/year +0.6%. Previous was +0.8%

 

 

JOLTS  (December 2015)

– Job Openings 5,607,000. Previous was 5,431,000

This is the Labor Department’s Job Openings and Labor Turnover Survey.  Despite decreased Small Business Optimism, Job Openings increased.

 

 

Wholesale Trade  (December 2015)

– Inventories month/month -0.1%. Previous was -0.4% and had been estimated at -0.3%.

This is a GDP component.

 

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