The US economy created 517,000 jobs in January, while unemployment dropped to 3.4%... The Bureau of Labor Statistics reported that jobs growth far outpaced the expected 188,000 and revised the ...
Week In Review – January 16 2023
Consumer Prices Fell 0.1% Last Month and Are Up 6.5% Over the Last Year…The numbers were right in line with expectations. What it means— The cost of goods fell, led lower by gasoline, while prices ...
Week In Review – January 9 2023
The U.S. Economy Created 223,000 Jobs in December, Beating the Estimate of 202,000… The unemployment rate ticked lower, from 3.7% to 3.5%, which matched the low reading of the 2010s and was the lowest ...
Week In Review – December 19 2022
Federal Reserve Raises Rates 0.50%, Promises More Rate Hikes on the Way… The central bank reiterated its intention to raise rates in 2023, thereby weighing on economic growth. What it means— It’s ...
Week In Review – December 5 2022
The U.S. Economy Created 263,000 Jobs in November, Unemployment Was Unchanged at 3.7%…The jobs number came in solidly above the 200,000 estimate. What it means— Well, that’s going to leave a mark ...