The data this week shows that the economy remains strong.
Consumers are in good shape, and y/y retail sales show steady growth. Capex spending plans are improving, and the Atlanta Fed GDP estimate for first quarter GDP and the Dallas Fed weekly estimate for GDP are at 2.3% and 2.5%, respectively.
Consumers are in good shape, and y/y retail sales show steady growth. Capex spending plans are improving, and the Atlanta Fed GDP estimate for first quarter GDP and the Dallas Fed weekly estimate for GDP are at 2.3% and 2.5%, respectively.
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