The last time the unemployment rate was this low, it was 2001. But the pace of job creation during May was relatively modest.
Q1 GDP Growth Revised From Weak to Tepid: May 22 – 26
The U.S. economy expanded at a tepid pace in early 2017 while the housing market paused in April.
Manufacturing Rebounds in April, Leading Indicators Point Up: May 15 – 19
Manufacturing output bounced up in April, led by a boost in automobile production. Leading indicators suggest economic growth in the coming months.
