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Charting Global Economy: U.S. Retail Sales Surge to Begin Year

From bnnbloomberg.ca

The American consumer got back in the spending groove last month and factory output rose more than forecast, setting the stage for what could be the best year of economic growth in nearly four decades. Employment in the euro area improved in final quarter of 2020, though the workforce in Europe and the rest of the world faces structural changes from the pandemic. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: U.S. The U.S. economy started 2021 with a bang as retail sales accelerated and expectations continued to build for another jolt of government ... (full story)

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  • Category: Fundamental Analysis