Weekly Update Archives - Page 2 of 3

WEEKLY ECONOMIC UPDATE – 2018-02-12

February 13, 2018

WALL STREET SEES ITS FIRST CORRECTION SINCE 2016 On Friday, the S&P 500 settled at 2,619.55, down 5.16% for the week. Thursday, it entered correction territory just nine days after …

WEEKLY ECONOMIC UPDATE – 2018-02-05

February 5, 2018

In January, average hourly pay was 2.9% higher than it was a year earlier. That was the key takeaway from the Department of Labor’s latest jobs report, which noted the …

WEEKLY ECONOMIC UPDATE – 2018-01-29

January 29, 2018

The Department of Commerce’s first estimate of fourth-quarter gross domestic product was 0.6% below the Q3 number, but still well above the 2.1% rate the nation has averaged in the …

WEEKLY ECONOMIC UPDATE – 2017-12-11

December 11, 2017

According to the Department of Labor, the U.S. workforce gained 228,000 more jobs than it lost during November. Annualized wage growth improved from 2.5% to 2.7%. The headline jobless rate …

WEEKLY ECONOMIC UPDATE – 2017-12-04

December 4, 2017December 4, 2017

A new factoid points out just how well the economy is doing: the federal government just upgraded its estimate of third-quarter growth to 3.3%. New data on consumer spending and …