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>> NATURAL GAS Latest News

FEB 15, 2014 - Business Insider

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One Little Stat From January Has Economists Worried The Bad Data Is About More Than Just Weather

The unusually harsh winter weather has had a very clear unfavorable impact on the U.S. economy. The January jobs report, retail sales report, and industrial production report all came up short of expectations. The only businesses that seem to be doing well are the utility companies. "Output at electric and natural gas utilities surged 4.1 percent on strong heating demand because of the extremely cold weather," said the Federal Reserve in Friday's industrial production report. Oddly, nonstore retail sales fell 0.6% month-over-month in January. These are online sales, a corner of the retail ... Read More

Tags: One Little Stat From January Has Economists Worried The Bad Data Is About More Than Just Weather,  Natural Gas Latest News