While not impacting the labor market in February, the coronavirus pushed the Fed to take action and weighed on purchasing managers’ business outlook.
Employers Hire, The Fed Cuts: March 2 – 6
Hiring and Business Activity Rose in January: February 3 – 7
Both the labor market and business sentiment started 2020 on a high note.
Modest GDP and Consumer Spending Growth: January 27 – 31
2019 GDP growth was its most sluggish since 2016.
What We Learned About the U.S. Economy Last Week 