The last time the unemployment rate was this low, it was 2001. But the pace of job creation during May was relatively modest.
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.
Retail Gains (for Some), Inflation Rebounds: May 8 – 12
Retail sales increased during April, although not all retailers benefited from increased consumer spending. Meanwhile, inflation rebounded during April after having taken March off.
