All Posts Tagged: labor
The positive economic surprises keep coming for the U.S. economy.
For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Dec. 1.Key observations:
- Both “soft” indicators, like PMI and consumer confidence indexes, and “hard” indicators, like housing and retail sales, are exceeding consensus expectations.
- We expect a robust 217K jobs were created in November, with the unemployment rate expected to hold at 4.1%.
- Business equipment spending is coming back to life.
- Maintaining this outperformance into 2018 will be extremely difficult.
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The latest Beige Book from the Federal Reserve revealed modest to moderate economic growth in 11 of 12 Federal Reserve districts from late August to early October.Read More ›
With your financial partner, start by asking the tough questions up front: Why are you considering an overseas expansion?Read More ›
I never thought I would live to see the day. The FOMC decided today to take baby-steps toward interest rate normalization.Read More ›
We are starting to see a more sobering picture of the labor market.Read More ›