by Bill McBride on 2/08/2016 05:54:00 PM
Monday, February 08, 2016
From the Boston Globe: Gasoline prices slide even lower in Mass.
Gasoline prices fell for the ninth consecutive week in Massachusetts, tumbling to an average of $1.77 a gallon on Monday, according to AAA Northeast.Tuesday:
It remains unclear whether prices have hit rock-bottom, as crude oil and gasoline inventories remain high. Last year around mid-February, prices climbed as oil refineries slowed their productions, said Mary Maguire, AAA Northeast’s director of public and legislative affairs.
• At 9:00 AM ET, NFIB Small Business Optimism Index for January.
• At 10:00 AM, Job Openings and Labor Turnover Survey for December from the BLS. Jobs openings increased in November to 5.431 million from 5.349 million in October. The number of job openings (yellow) were up 11% year-over-year, and Quits were up 6% year-over-year.
Posted by Bill McBride on 2/08/2016 05:54:00 PM