Employers are creating more job openings, the service sector remains robust and the trade deficit is expanding. Here's the U.S. economic data you missed during the week ending July 10. The number of job openings edged up during May while hiring activity slightly slowed. The Bureau of Labor Statistics reports there were a seasonally adjusted... Continue Reading →
Employment, Factory Orders, Construction Spending: What We Learned During the Week of June 29 – July 3
It is a holiday week and you probably didn’t follow U.S. economic data releases. Here's what you missed during the week ending July 3rd. 1. Even as U.S. employers expanded payrolls at a solid but not spectacular pace during June, labor force participation fell to a 38-year low. The Bureau of Labor Statistics’ payrolls report... Continue Reading →
GDP, CFNAI, Consumer Spending and Housing: What We Learned During the Week of June 22-26
Perhaps you have been distracted and didn’t follow U.S. economic data releases over the past week. Here's what you missed during the week ending June 26. 1.While not as bad as previously thought, the U.S. economy contracted during the first quarter. The Bureau of Economic Analysis released its third estimate of first quarter Gross Domestic... Continue Reading →
