Associated Bank Market Outlook: December 17, 2024 – WGN Radio 720 Chicago
The latest data on the U.S. economy paints a mixed picture for investors and consumers. In November, U.S. retail sales saw a slight increase, signaling a potential uptick in consumer spending during the holiday season. This could be good news for businesses looking to end the year on a high note.
On the other hand, November’s industrial production numbers were weaker than expected, raising concerns about the health of the manufacturing sector. This could have implications for economic growth in the coming months.
Another important indicator to watch is the home builder confidence index, which measures sentiment in the housing market. With the index showing a decrease in November, it suggests that builders may be feeling less optimistic about future demand for new homes.
As investors navigate these mixed signals, it’s important to stay informed and consider the broader economic trends at play. Keeping an eye on these key indicators can help individuals make informed decisions about their investments and financial goals.
