July saw more than 200k jobs being created, but other economic metrics released last week did not inspire as much confidence. Here's the U.S. economic data you missed during the week ending August 7. 1. July job creation: Not bad…not great. The Bureau of Labor Statistics estimates nonfarm payrolls grew by 215,000 on a seasonally adjusted... Continue Reading →
OK Q2 GDP Growth, Slipping Confidence: What We Learned During the Week of July 27-31
As the Fed inches towards its first interest rate hike in 9 years, we learned that the U.S. economy moderately expanded during the spring. Here's the U.S. economic data you missed during the week ending July 31.
Record Existing Home Sales, Strengthening Business Activity: What We Learned During the Week of July 20-24
Sales of previously owned homes hit an 8-year high and several measures find business activity growing. Here's the U.S. economic data you missed during the week ending July 24. Sales of previously owned homes grew in June to their fastest pace since before the last recession. The National Association of Realtors measure jumped 3.2% during... Continue Reading →
