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Dow Unfazed by Key Economic Data

Matt Thalman
January 15, 2013

A number of different economic indicators were released today by the U.S. government and while for the most part they all looked good, indicating the U.S. economy is improving, none of them really made a meaningful impact on the markets today. (My Fool colleague Dan Dzombak broke down all the numbers earlier today, which you can find here.)

The highlights were that retail sales in December rose by 0.5% and when excluding automobiles, that number managed to rise by 0.3%. Inventories rose by a seasonally adjusted 0.3% in November, unchanged from October while the producer's price index fell by 0