【申万固收|高频经济】生产延续走弱，消费有所分化——高频经济周报（2026.01.04-2026.01.10）
申万宏源证券上海北京西路营业部·2026-01-14 02:07
Core Viewpoint - The article discusses the ongoing weakness in production while highlighting a divergence in consumer behavior, indicating mixed economic signals in the current high-frequency economic data [2] Group 1: Production Trends - Production continues to show signs of weakness, suggesting a potential slowdown in industrial activity [2] - Key indicators reflect a decline in manufacturing output, which may impact overall economic growth [2] Group 2: Consumer Behavior - Consumer spending exhibits a degree of differentiation, with certain sectors performing better than others [2] - The article notes that while some consumer segments are resilient, others are facing challenges, leading to varied consumption patterns [2]