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Weekly Economic Update for January 9, 2016

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RISING WAGES, MODERATE HIRING IN DECEMBER

The Department of Labor’s latest employment report shows the average hourly wage at $26.00 last month, up 2.9% in a year.

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Weekly Economic Update for January 2, 2017

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A SURGE IN CONSUMER OPTIMISM

The Conference Board’s consumer confidence index continued to climb in December.

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Weekly Economic Update for December 19, 2016

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FED RAISES RATES, PLOTS THREE 2017 HIKES

Federal Reserve policymakers unanimously chose to raise the benchmark interest rate by a quarter point last week.

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Weekly Economic Update for December 26, 2016

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HOUSEHOLD SPENDING SLOWS IN NOVEMBER

Last month, consumer spending increased 0.2%, while consumer incomes were flat.

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Weekly Economic Update for December 12, 2016

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SERVICE SECTOR LOOKS VERY HEALTHY

The Institute for Supply Management’s monthly services index improved 2.4 points in November to a 57.2 reading.

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