In a rather light week for economic data, we saw the trade deficit zoom up but jobless claims fall to a 42-year low. Here are the 5 things we learned from U.S. economic data released during the week ending October 9. A jump in imports and a drop in exports in August led to the... Continue Reading →
Disappointing August Job Creation, or Was it?: What We Learned During the Week of August 31 – September 4
The August payrolls report disappointed, but the labor market may not be as bad as the numbers imply. Here are the 5 things we learned from U.S. economic data released during the week ending September 4. The pace of job creation in August was below forecast, but upward revisions appear likely. The Bureau of Labor... Continue Reading →
Decent Job Creation, Weak Spending: What We Learned During the Week of August 3-7
July saw more than 200k jobs being created, but other economic metrics released last week did not inspire as much confidence. Here's the U.S. economic data you missed during the week ending August 7. 1. July job creation: Not bad…not great. The Bureau of Labor Statistics estimates nonfarm payrolls grew by 215,000 on a seasonally adjusted... Continue Reading →
