Government Shutdown was Set for Saturday Night... Until the House authorized spending, the federal government was to shut down at the end of the fiscal year on September 30. What it means— A 45-day ...
Week In Review – September 26 2023
The Federal Reserve Held Rates Steady but Opened the Door to Another Hike This Year… The Fed Monetary Policy Statement noted that the economy remains strong and unemployment remains low. It also ...
Week In Review – September 12 2023
The ISM Survey Index Increased From 52.7% to 54.5% in the Past Month… This is the eighth straight month of gains in the service industries. What it means— Service industries are the thing, and they ...
Week In Review – August 14 2023
Consumer Prices Rose 0.2% in July, Are Up 3.2% Over Last Year… Core inflation also rose 0.2% last month and is up 4.7% over last year. What it means— Annual inflation rose a bit last month while ...
Week In Review – August 7 2023
U.S. Economy Created 187,000 Jobs in July, Almost Exactly the Forecast of 200,000… The unemployment rate ticked a bit lower, from 3.6% to 3.5%. What it means— The jobs numbers were a nothingburger, ...