In the News Unemployment numbers hit their lowest level since February 2009, coming in at 8.5% in December, according to the U.S. Labor Department. The Department also reported that nonfarm payrolls rose by 200,000 jobs in December, thanks to private companies. November’s gains were revised down slightly but October’s were revised up. December was [...]
Experience = Results
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Economic Update For Week Of November 14, 2011
In the News Consumer credit for September beat market expectations by expanding at an annual rate of 3.5 percent to $7.4 billion, according to the latest data released by the Federal Reserve last week. Analysts had expected consumer credit growth to hit $5 billion for the month. Total consumer credit for September hit $2.45 [...]
Economic Status for Week of August 29, 2011
In the News Investors had been hoping for Federal Reserve Chairman Ben Bernanke to announce a new round of Quantitative Easing in his speech at the Economic Symposium in Wyoming Friday, but only received some hints that QE3 may be in the works for the September Fed meeting. “The Federal Reserve has a range [...]