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PostHeaderIcon Weekly Economic Update - 4.9.12

UNEMPLOYMENT FALLS TO 8.2%
That good news was tempered by some disappointments. The U.S. economy only managed a net gain of 120,000 non-farm jobs in March; analysts were hoping for a gain of at least 200,000.

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PostHeaderIcon Weekly Economic Update - 4.2.12

HIGH GAS PRICES DON’T DENT PERSONAL SPENDING
Consumer spending increased by 0.8% in February, even with fuel prices soaring. That topped the 0.6% gain projected by economists polled by Reuters. February’s inflation-adjusted gain was 0.5%, the largest in six months.

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PostHeaderIcon Weekly Economic Update - 3.26.12

HOUSING MARKET COOLS DOWN IN February
 
Nationally, home sales took a step back last month.

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PostHeaderIcon Weekly Economic Update - 3.19.12

PRICES Rise Most In TEN MONTHS
Consumer prices were up 0.4% in February according to the Commerce Department, yet core inflation rose only 0.1%.

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PostHeaderIcon Weekly Economic Update - 3.12.12

227,000 NEW JOBS, BUT JOBLESS RATE STILL AT 8.3%
 
While unemployment levels remained unchanged in February, Labor Department data showed that nonfarm payrolls expanded by more than 200,000 positions for the third straight month.

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PostHeaderIcon Weekly Economic Update - 3.5.12

 
A GAIN (OF SORTS) IN CONSUMER SPENDING
 
The Commerce Department noted a 0.2% rise in personal spending in January along with a 0.3% rise in wages. However, real consumer spending was flat for the third consecutive month when adjusted for inflation. Headline personal spending rose 2.1% in Q4 2011.

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PostHeaderIcon Weekly Economic Update - 2.27.12

 

OIL APProaches $110 PER BARREL
As NYMEX crude futures settled at $109.77 Friday, economists wondered how the U.S. consumer might cope if $5 gas became a reality.

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PostHeaderIcon Weekly Economic Update - 2.20.12

CONSUMER PRICES UP 0.2% for January
Major factors in this increase in the Consumer Price Index include a 0.9% rise in the price of clothing as well as rising rents and healthcare costs. Core CPI also rose 0.2% in January.

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PostHeaderIcon Tax Season

We are starting up our educational seminars for the year.

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PostHeaderIcon Tax Season

Tax season is right around the corner. It is important that you keep current with the ever-changing tax code.

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PostHeaderIcon Independent CPA Service

I often find that folks have a tax preparer and a financial planner who work independent of each other.

Read more...

 
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Weekly Economic Update - 4.9.12

UNEMPLOYMENT FALLS TO 8.2%
That good news was tempered by some disappointments. The U.S. economy only managed a net gain of 120,000 non-farm jobs in March; analysts were hoping for a gain of at least 200,000.
 
Weekly Economic Update - 4.2.12

HIGH GAS PRICES DON’T DENT PERSONAL SPENDING
Consumer spending increased by 0.8% in February, even with fuel prices soaring. That topped the 0.6% gain projected by economists polled by Reuters. February’s inflation-adjusted gain was 0.5%, the largest in six months.
 
Weekly Economic Update - 3.26.12

HOUSING MARKET COOLS DOWN IN February
 
Nationally, home sales took a step back last month.
 
Weekly Economic Update - 3.19.12
PRICES Rise Most In TEN MONTHS
Consumer prices were up 0.4% in February according to the Commerce Department, yet core inflation rose only 0.1%.
 
Weekly Economic Update - 3.12.12

227,000 NEW JOBS, BUT JOBLESS RATE STILL AT 8.3%
 
While unemployment levels remained unchanged in February, Labor Department data showed that nonfarm payrolls expanded by more than 200,000 positions for the third straight month.
 
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