| Date | Prior | Current | Rating | |
| NFIB Small Business Optimism M/M | Dec-20 | 101.40 | 95.90 | C- |
| Job Openings (JOLTS) MM | Nov-20 | 6.652M | 6.527M | C- |
| Empite State Mfg M/M | Jan-21 | 4.90 | 3.50 | C |
| Industrial Production M/M | Dec-20 | 0.40 | 1.60 | C+ |
| Consumer Sentiment M/M | Jan-21 | 80.70 | 79.20 | C- |
| Retail Sales M/M | Dec-20 | -1.10 | -0.70 | C- |
| RedBook W/W | 1/9/2021 | 5.50 | 2.10 | C |
| Jobless Claims W/W | 1/9/2021 | 787K | 965K | D |
Lite week for data, but enough to justofy the effort.
Jobless Claims jumped to nearly 1 million to nearly confirm a bad trend, while Job Openings retreated.
Couple that with a reduction in Retail Sales in December and we are looking at an economy in apparent contraction.
Small Business also had a significant drop in optimism and Consumers are not too happy either.
MFG still looks good with Industrial Production showing another gain. Capacity Utilization went from 73.3 to 74.5. I can't see that trend continuing unless we see improvement in other areas.
Can't go better than a C- this week, and that may be generous, but as stated, this is a lite week data wise.
Job numbers bump the suck factor up to 8.5.
Thanks again Tim!
Hopefully, COVID will be peaking in the next month or so.
Preview threads by Tim on this:
I'll update it later.