March 5, 2018 Weekly Economic Update
The Conference Board’s monthly consumer confidence index soared to 130.8 in February – the highest reading seen since November 2000. In January, the gauge was at 124.3.
February 26, 2018 Weekly Economic Update
Demand is high, prices are high, and inventory is slim. In view of these factors, the 4.8% year-over-year fall for existing home sales just reported by the National Association of Realtors is not surprising.
February 19, 2018 Weekly Economic Update
WEEKLY QUOTE “Courage is resistance to fear, mastery of fear – not absence of fear.” – Mark Twain WEEKLY TIP If at all possible, avoid taking a loan from your workplace retirement plan. If you withdraw funds from it before age 59½, you will usually...
February 12, 2018 Weekly Economic Update
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 its January 26 record close.
February 5, 2018 Weekly Economic Update
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.
January 29, 2018 Weekly Economic Update
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 recovery from the Great Recession.
