Wells Fargo Weekly Economic & Financial Commentary, March 14, 2014

  • by BPC Staff
  • on March 14, 2014

Is That Spring in the Air?

· Retail sales rebounded after two straight months of declines, providing much-needed optimism to a dreary winter of economic data.

· Several indications of a skills mismatch in the labor market have come up, with construction proving particularly problematic.

· The FOMC meets next week and is expected to reduce its monthly asset purchases by another $10 billion.

Weekly Economic and Financial Commentary, March 14