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16th Sep 2021 00:20U.S., Economic Monitor

  • Another soft retail sales report today seems inevitable, thanks to Delta, with more pain likely in September.
  • Expect a rebound in jobless claims from last week's cycle low, thanks to claims delayed by Hurricane Ida.
  • It's too soon to read any signal about September pay- rolls from the Homebase data; patience required.

activity auto sales chainstore sales control dollar employment food forecast forecasts goods home sales inventory jobless claims jobs labor labor day market non-durable goods payroll payrolls prices private payrolls redbook redbook chainstore sales report retail retail sales sales sales numbers services spending summer survey weekly jobless claims

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Keywords for: Delta and Chip Shortages Likely Hit August Retail Sales

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