Weekly Indicators: employment comes into sharp focus edition

Monthly data for September this week included producer and consumer prices, both deflating, improving U. Michigan consumer sentiment, positive nominal and real retail sales, a slight decline in broad business sales with no inventory accumulation, and negative measures of industrial production, capacity utilization, and the NY and Philly manufacturing indexes. JOLTs was also unimpressive, with a decline in job openings, and flat hires and quits.