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
Repeating a monthly trend that had started back in October 2010, employers added workers in December. Survey data also indicated that both the manufacturing and service sectors grew during the same month.
The trade deficit widened and there were fewer job openings in October. On the other hand, new orders for factory orders grew in October while the service sector blossomed in November.
The number of job openings hit another post-recession high in July. Meanwhile, the same month was not as hot for the service sector.
What We Learned About the U.S. Economy Last Week 