Recapping the latest US data: Philly Fed, retail sales and more
2025-07-17 20:56:36
Main Idea
The article recaps recent US economic data, highlighting stronger-than-expected retail sales and positive indicators from the Philly Fed survey, suggesting an economy that is re-accelerating.
Key Points
1. Retail sales month over month: Actual: 0.6%; expected: 0.1%.
2. Retail sales control group MoM: Actual: 0.5%, expected: 0.3%.
3. Retail sales (ex autos) MoM: Actual: 0.5%, expected: 0.3%.
4. Philly Fed CAPEX index: Actual 17.10, previous: 14.50.
5. Philly Fed employment: Actual: 10.3, previous: -9.8.
6. Philly Fed new orders: Actual: 18.4, previous: 2.3.
7. Philly Fed prices paid: Actual: 58.80, previous: 41.40.
Description
After a jittery few months, recent economic data is hinting at a resilient economy that is beginning to re-accelerate
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