Surprisingly Good Productivity, Jobs, Inflation And Trade News
Financial and economic news this past week was very good on four fronts: productivity, employment, inflation and trade.
The unemployment rate sank to 3.6%, the Labor Department announced on Friday morning, the lowest level since December 1969. The economy created 263,000 new jobs last month, far more than the 190,000 expected.
Inflation data released by the Bureau of Economic Analysis on Monday was much lower than expected, even though the job market is tight, and wages are rising. In addition, Treasury Secretary Steven Mnuchin said in a TV interview that he expected a finalized U.S. trade agreement with China next week, averting a trade war with the world's No. 2 economy.
- Economic Fundamentals Recovering As Stocks Surged For the Week
- Stocks Swing Wildly As Economic Recovery Begins
- Dog Days Of Summer In The Economy
- V-Shaped But Full Recovery Is Long Off
- Covid-19 Causes A Good Surprise
- The Epidemic Sets The Economy Back About Two Years
- Is This A New Bull Market?
- The Pandemic And Stocks
- Despite Disastrous Jobs Report, Stocks Surged 1.6% Friday
- Amid The Crisis In The Economy, Two Good Anomalies
- Financial Economics With The Epidemic's End In Sight
- The Beginning Of The End?
- An 11.4% One-Week Gain In Stocks
- What Investors Should Expect And A Business Owner Alert
- Is the Coronavirus Bear Market Over?
- What's An Investor To Think Now?
- Will Covid-19 Crisis Be Short-Lived?
- Despite Covid-19, Signals Of Economic Health Continue
- Covid-19: Facts And Perspective For Investors
- Economists Expected Q1 U.S. Growth Of 1.6%; It's 2.6%!
- Stocks Close At New High As Business Owner Optimism Surged
- Retirement Revolution Unexpectedly Is Boosting Economy
- Coronavirus Scare Reveals The Nature Of Stock Market Risk
- Leading Indicators Slightly Off Again