The ISM Survey Index Increased From 52.7% to 54.5% in the Past Month… This is the eighth straight month of gains in the service industries. What it means— Service industries are the thing, and they ...
Week In Review – September 4 2023
The U.S. Economy Created 187,000 Jobs in August… The unemployment rate rose a bit, from 3.5% to 3.8%. What it means— It’s all about the revisions this month. The U.S. Bureau of Labor Statistics ...
Week In Review – August 28 2023
Kansas City Federal Reserve Economic Policy Symposium Kicks Off Today in Jackson Hole, WY… Central bankers from around the world gathered this week to discuss policy. Fed Chair Jay Powell delivered ...
Week In Review – August 21 2023
Minutes of Last Federal Reserve Meeting Show Dovish and Hawkish Tones… The minutes suggested that the central bankers stand ready to raise rates again but are cognizant that their previous efforts ...
Week In Review – August 14 2023
Consumer Prices Rose 0.2% in July, Are Up 3.2% Over Last Year… Core inflation also rose 0.2% last month and is up 4.7% over last year. What it means— Annual inflation rose a bit last month while ...