U.S. Fourth Quarter Grows at 3.3% on an Annualized Basis… Not counting the pandemic, the third quarter of 2023 at 4.9% and the fourth quarter at 3.3% were the strongest back-to-back quarters since ...
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 – June 12 2023
Initial Jobless Claims Jumped 28,000 to Two-Year High of 261,000… More than 11,000 of the increase was in just two states, California, and Ohio. What it means— With tech company layoffs, California ...
Week In Review – April 3 2023
The Personal Consumption Expenditures Index (PCE) Rose 0.3% in February, 0.1% Less Than Expected… The rise in prices was half that of January, 0.6%, and the year-over-year rate fell from 5.3% to ...
Week In Review – July 11 2022
U.S. Economy Created 372,000 Jobs in June, Well Above the 250,000 Estimate... The unemployment rate remained steady at 3.6%. What it means— The labor market is the big caveat in the economy. If ...