U.S. Labor Market

• The U.S. labor market continues to strengthen Reuters
• Approximately 40% of people age 55 and older are working or looking for work in the U.S. This is the highest percentage since the 1950s. The Wall Street Journal

U.S. Economy

• July retail sales in the U.S. were essentially unchanged from June. Bloomberg
• Industrial production in the U.S. remains strong as capacity utilization hit the highest level since February 2008 Reuters
• The yield on a U.S. Treasury bond fell to the lowest level in fourteen months MarketWatch

 Around the World

• Large economies in Europe fail to grow as the recovery stalls out Bloomberg
• Japan’s economy fell sharply last quarter The Economist
• Economic data out of China is mixed BBC