Labor Market Conditions Index Falls again.
Labor Market Conditions Index (September 2016)
– Level -2.2. Previous was -1.3.
This is an index compiled by the Federal Reserve intended to be a broad measure of the health of the jobs market. This is a relatively new metric. It has been negative for 8 of the past
9 months indicating that the Labor Market is softer than media accounts would have us believe.
NFIB Small Business Optimism Index (September 2016)
– level 94.1. Previous was 94.4
This is compiled from a survey of small businesses.
Redbook Chain Store Sales (week ended 10/8/2016)
– Store Sales year/year +0.5%. Previous was +1.3%