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 – 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 ...