Hiring stayed strong in February, but the trade deficit widened to a nearly 5-year high in January. And now we wait for the Fed to act.
A Wider Trade Deficit, Fewer Job Openings: What We Learned During the Week of December 6 – 10
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.
Payrolls Grow as the Fed Considers Its Next Move: What We Learned During the Week of October 31 – November 4
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.
