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 31 2023
GDP Expanded by 2.9% in the Fourth Quarter, is up 2.2% for the Year… Personal consumption increased 2.1% last quarter and businesses added to inventory. Fixed residential investment dropped. What ...
Week In Review – January 23 2023
Retail Sales Fell 1.1% in December, Led Lower by Falling Auto and Gasoline Sales… While retail sales were up 6% in 2022, they ended the year on a down note. What it means— Meh, probably not much. ...
Week In Review – December 12 2022
Continuing Jobless Claims Up to 1.67 Million… The number of workers filing for jobless benefits beyond the initial week has increased from roughly 1.306 million in May to 1.67 million last week. What ...
Week In Review – November 21 2022
Retail Sales Exceeded Expectations, Fed Governors Reiterated Rates Would Be Higher for Longer… Kansas City, MO, Federal Reserve President Esther George said that it was unlikely the central bank could ...