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Latest News
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.