What We Learned About the U.S. Economy Last Week
Weekly Economic Update: A brief, non-technical review of the previous week's U.S. economic data releases by Kevin A. Roth, PhD
July, August, and September were the best 3 months of U.S. economic growth in 2 years. But data also indicates the rate of economic growth slowed in November.
The FOMC once again left its interest rate target alone. But the latest labor market report, including its firming wage data, suggest a move may come in December.
There was another tepid estimate of Q2 GDP. Consumer spending slowed in August, but consumer sentiment jumped in September.
What We Learned About the U.S. Economy Last Week 