Econ Edge: The Economic Week

ByABC News
December 31, 2004, 3:40 PM

Jan. 3, 2005 -- -- The first week of 2005 is chock full of major economic data.

The most important numbers of the week come on Friday, when the Labor Department releases its monthly jobs report for December. Many economists will be watching for an improvement in retail hiring, an area that was languishing in November. Wall Street will also get a look at how retailers did during the holiday shopping season when the International Council of Shopping Centers releases a report on sales this Thursday.