Weekly Market Update - October 22, 2018

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This Weekly Market Update from Gallagher Fiduciary Advisors, LLC revisits key investment headlines from last week:

  • The Federal Reserve reported last week that industrial production in the U.S. continued to grow at a solid pace in September, rising 0.3% versus the prior month, or 5.1% over the prior year
  • Growth in consumer spending was muted in September for the second straight month, according to retail sales data released last week by the Census Bureau
  • Minutes from the Federal Reserve‚Äôs September 25-26th Federal Open Market Committee meeting, released last week, revealed Fed officials actively debating the pace of future interest rate increases