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Weekly Economic Update for October 31, 2016

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ECONOMY EXPANDS 2.9% in THIRD QUARTER

After just 1.4% growth in Q2, this was welcome news.

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Weekly Economic Update for October 24, 2016

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YEARLY INFLATION INCREASES

Consumer prices rose 1.5% in the 12 months ending in September, the Bureau of Labor Statistics announced last week.

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Weekly Economic Update for October 10, 2016

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hiring picked up in the Third quarter

Employers added 156,000 net new jobs to their payrolls in September, the Department of Labor stated Friday.

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Weekly Economic Update for October 17, 2016

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RETAIL SALES JUMP 0.6%

This September gain was impressive – minus auto sales, the advance was still 0.5%.

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Weekly Economic Update for October 3, 2016

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NO ADVANCE IN CONSUMER SPENDING

Personal spending was flat in August even as personal incomes rose 0.2%.

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