Articles

WEEKLY ECONOMIC UPDATE – December 11, 2017

ANOTHER MONTH OF SOLID HIRING According to the Department of Labor, the U.S. workforce gained 228,000 more jobs than it lost during November. Annualized wage growth improved from 2.5% to 2.7%. The headline jobless rate held at 4.1% last month, while the U-6 rate, that...

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WEEKLY ECONOMIC UPDATE – December 4, 2017

CONSUMERS ACT ON THEIR CONFIDENCE A new factoid points out just how well the economy is doing: the federal government just upgraded its estimate of third-quarter growth to 3.3%. New data on consumer spending and confidence hints at fourth-quarter strength. Personal...

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WEEKLY ECONOMIC UPDATE – November 27, 2017

CONSUMER SENTIMENT DECLINES FOR NOVEMBER The University of Michigan’s monthly gauge of how households perceive current and future economic conditions ended the month at a mark of 98.5. Compared to the 100.7 final October reading, this was a disappointment. Still, the...

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WEEKLY ECONOMIC UPDATE – November 20, 2017

YEARLY INFLATION BACK AT 2.0% Consumer costs ticked up just 0.1% in October, according to the Department of Labor. The marginal monthly gain left the annualized increase in the headline Consumer Price Index at 2.0%, down from 2.2% a month earlier. The core CPI has...

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