Jim Cramer has spotted modest yet meaningful signs in the market that could be rather telling about the days to come.
And those signs suggest good things lie ahead for the economy. Take a look:
1. Private sector job creation surged in November, with ADP reporting 215,000 new jobs. Economists expected ADP to report the private sector created 173,000 new jobs in November.
2. The Commerce Department said sales of new single-family homes jumped 25.4 percent to a seasonally adjusted annual rate of 444,000 units. That's the biggest increase in nearly 33-1/2 years in October.
3. Permits for future U.S. home construction rose to their highest level in nearly 5-1/2 years in October. The Commerce Department said building permits jumped 6.2 percent to a seasonally adjusted annual rate of 1.03 million units.
4. Data from the Fed's beige book showed manufacturing expanded, particularly in autos and tech, while employment showed a modest increase in select Fed districts.