Pantheon Macroeconomics - Now that the holidays are just a distant memory, the distortions they cause in an array of economic data are fading. The problems are particularly acute in the weekly data­ -- mortgage applications, chainstore sales and jobless claims -- because Christmas Day falls on a different day of the week each year.

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24 January 2017 Chainstore Sales Growth is Trending Upwards, but not for Long

By Ian Shepherdson

Now that the holidays are just a distant memory, the distortions they cause in an array of economic data are fading. The problems are particularly acute in the weekly data­ -- mortgage applications, chainstore sales and jobless claims -- because Christmas Day falls on a different day of the week each year.

Posted: 23rd Jan 2017 in 'U.S. Documents'

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