Inflation Jumps to 6.2%… Consumer prices rose 0.9% last month and are 6.2% higher than at this time last year, the highest reading in 31 years. Core inflation rose 0.6% last month and 4.6% over the ...
Week In Review – November 8 2021
The U.S. Economy Created 531,000 Jobs in October… The unemployment rate fell from 4.8% to 4.6%. What it means— There was good news almost across the board in the jobs report, as payrolls ...
Week In Review – November 2 2021
GDP Growth Slowed to 2% in Third Quarter… After expanding at a 6.7% annualized rate in the second quarter, GDP growth slowed dramatically. What it means— The actual number split the difference ...
Week In Review – October 26 2021
Industrial Production Down 1.3%… Factory, mining, and utility production fell in September, missing the consensus estimate for a 0.2% gain. What it means — The decline marked the biggest drop since ...
Week In Review – October 18 2021
Federal Reserve Meeting Minutes Show Broad Support for Taper… The minutes of the September meeting suggests the central bank reduce bond purchases starting in mid-November. What it means— The ...