Consumer Credit Rose at a 1.5% Annualized Rate, Down From 3.6% in March… First-quarter credit rose 3.2%, less than the 2.4% rate in the last quarter of 2023. What it means— Easing credit growth ...
Week In Review – April 30 2024
First-Quarter GDP Growth Slows to 1.6%, Well Below Forecasts… GDP growth dropped 50% from the third quarter, even though prices moved higher. The combination raised the specter of stagflation. What ...
Week In Review – March 11 2024
The U.S. Economy Created 275,000 Jobs in February, Well Above the 200,000 Estimate…Unemployment ticked up from 3.7% to 3.9%. What it means— Did we really create 275,000 jobs? Who knows? While ...
Week In Review – September 26 2022
Federal Reserve Raises Rates by 75 Basis Points to Range of 3% to 3.25%… The move was widely expected, but the bankers also raised their estimate of rates for this year and next year. What it ...
Week In Review – April 4 2022
The U.S. Economy Created 431,000 Jobs in March... The unemployment rate fell to 3.6%. What it means— The jobs number missed by 60,000, but the January and February totals were revised higher by ...