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Weekly Economic Update for March 6, 2017

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 YELLEn: RATE MOVE MAY HAPPEN THIS MONTH

 In Chicago Friday, Federal Reserve chair Janet Yellen said that if hiring and inflation indicators continue to meet the central bank’s expectations, an interest rate hike “would likely be appropriate” at its March policy meeting.

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Weekly Economic Update for February 27, 2017

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A LITTLE LESS OPTIMISM AMONG CONSUMERS

February’s final University of Michigan consumer sentiment index came in at 96.3, down from its January mark of 98.5, but well above the 91.7 reading of a year earlier.

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Weekly Economic Update for February 6, 2017

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POSITIVES & NEGATIVES IN JANUARY’s JOB DATA

The Department of Labor’s latest jobs report showed 227,000 net new hires last month.

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Weekly Economic Update for February 13, 2017

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CONSUMER SENTIMENT SLIPS A BIT

The University of Michigan’s preliminary February index of consumer sentiment came in at a reading of 95.7 Friday, compared with a final January mark of 98.5 (which was a 13-year peak).

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Weekly Economic Update for January 30, 2017

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HOUSEHOLD SENTIMENT GAUGE RISES AGAIN

The University of Michigan’s Index of Consumer Sentiment gained 0.4 points from its preliminary reading this month to reach a final January mark of 98.5.

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