
October 16, 2017 Weekly Economic Update
Two economic indicators stood out last week. Retail purchases rose 1.6% during September as households and businesses replaced cars damaged in hurricanes.
Two economic indicators stood out last week. Retail purchases rose 1.6% during September as households and businesses replaced cars damaged in hurricanes.
While some investors manage their 401(k)s themselves, others may seek having their retirement plan assets actively and professionally managed.
The Department of Labor’s September employment report revealed the impact of Hurricanes Harvey and Irma: it showed 33,000 fewer people working.
The S&P 500 rose 3.96% over three months, getting a lift from upbeat manufacturing and consumer confidence readings as well as earnings news.
September brought two terrible natural disasters and more threats of war on America, and the broad benchmark rose 1.93% and topped 2,500 for the first time.