Wells Fargo Weekly Economic and Financial Commentary, April 12, 2013

  • by BPC Staff
  • on April 15, 2013

Another Spring Slowdown?

· NFIB’s Small Business Index slipped 1.3 points in March with fewer businesses expecting sales increases and few planning to hire new workers.

· Inflation continues to be well contained as both the import price index and the producer price index indicated that prices have begun to edge downward.

· March retail sales data pointed to a slower pace of consumer spending for the month. The slower retail sales numbers come on the heels of disappointing job gains for March.

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