We did not highlight this release as it carried little potential to move the market.. Wages & salaries were up 0.4%, or 3.3% above their year ago level but gasoline prices were the piano which fell on the shopping crowd so that spending came in just below expectations and the past three months were revised slightly lower.
With lower crude, observers expect some improvement in consumer activity. Just ahead we’ll take a look at this and other key sectors.
Robert Craven
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