The week started where last week finished with continuing examination of the November Jobs Report. We also received remarkable data on the rate of inflation, historic data regarding  the weekly unemployment claims data, and record setting retail data.

(Dec. 10) We received one of our best November Jobs reports since 1979. This was the fourth best November non-seasonally adjusted worker number since 1979.  The article "Workers and Wages Rose during November" detailed how all sectors recorded their highest November Weekly Wage rate this November.

(Dec. 10) Last month the former President was attempting to compare his final 24 months in office with President Trump's first 22 months in office. That didn't work out so well. The article "Five Presidents at 22 months compared the current President with former Presidents Reagan, Clinton, George W Bush, and Obama with regard to full-time job creation, part-time job creation, changes in the number of unemployed workers, and changes in participation rates. President Trump and former President Clinton are the only Presidents to add jobs and cut unemployment. Sorry, Mr. Obama.

(Dec. 11) Last week we received the Jobs Report for November. This week we received the JOLTS Job Openings and Labor Turnover Survey for October. "Record October JOLTS Data" explained how you should not compare job openings to the number of unemployed workers. It also explained how three sectors with record levels of job openings, quits, and hires have three of the four lowest weekly wages.

(Dec. 12) This week we received the November Retail Sales Report. This week the forecast article "November Retail Forecast: All Registers Ringing" projected the possibility for a strong Retail report, a record November retail report, and the possibility for November to November growth is all but one sector.

(Dec. 12) This week we received the Consumer Price Index (CPI) report on inflation. Depending on how you look at the data the official CPI rate was lower this November than last November or it was significantly higher than last year. "November Inflation Data: What Inflation" details how most of us are not experiencing inflation.

(Dec. 13) Ho-Hum. Another great weekly unemployment claims data. Read all about it in "Weekly Unemployment Claims: Seriously Good Data."

(Dec. 14) You wouldn't know by the stock market action that we had our best November retail month ever. We had a record level of sales for the month of November this November. We saw all sectors have better November data this year than last year, except the Sporting Goods, Hobbies, Book and Music Sector. "Rocking November Retail Sales Data" explains how the retail sector is growing faster than it has for many years, and that this will boost the fourth quarter GDP data.

We had low inflation, low unemployment levels, plural, and strong retail sales. We had this good economic data and we are talking about rebranding Santa  Claus this Saturday on television?

It's the economy.