Economic Indicators Show Mixed Results

Today's economic indicators revealed mixed outcomes across various sectors. Bespoke Investment Group posted on X. The NFIB Small Business Optimism Index recorded a figure of 99.3, slightly below the estimated 99.8. The Employment Cost Index rose by 0.7%, falling short of the anticipated 0.8%. Retail sales remained flat at 0.0%, missing the expected growth of 0.4%. Similarly, retail sales excluding autos also showed no change, against the forecasted increase of 0.4%. Business inventories increased by 0.1%, which was below the projected 0.2%.