Economics Group: Weekly Economic & Financial Commentary
U.S. Review
Continued Signs of Labor Market Improvement
Job openings data continued to point toward more robust labor market conditions. The number of openings touched a 13-year high for the series.
Wholesale inventories rose 0.7 percent in August while July’s inventory build was revised higher. Softer sales were to blame for the building.
Import prices posted another decline in September as petroleum prices fell for the month. September marks the third straight month of declines in the import prices index
and suggests that inflation remains in check.
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Wells Fargo Weekly Economic & Financial Commentary – October 10, 2014
Tags: economy