State and local governments are experiencing the highest job growth rates since the 1970s, adding 379,000 jobs in the first half of 2023 alone. This accounts for nearly a quarter of total U.S. […]
Recent extreme heat throughout the U.S. has increased concern as to how out of the ordinary weather affects the economy. Extreme weather events exacerbated by climate change are having significant and growing impacts […]
Volatility returned to the equity markets in July as earnings became a focal point for technology and other growth oriented sectors. A weaker than expected jobs report along with an increase in the […]
China is flooding global markets, including the U.S., with cheap exports across various industries including steel, electric vehicles, solar panels, computer chips, and other manufactured goods. China’s factories are producing far more goods […]
Markets were influenced by election dynamics and economic data in June as equities and bonds responded to uncertainty surrounding the direction of future fiscal policy and when the Fed might commence its rate […]
The Department of Labor tracks and compiles data on U.S. workers and employment trends. Identifying what portion of the working population is not employed is measured as the unemployment rate, which is a […]
Rates held steady in May as the Fed’s indecisiveness stirred confusion in the bond markets. The yield on the benchmark 10 year Treasury bond ended May at 4.51%, down from 4.7% in April […]
The Beige Book is a report published by the Federal Reserve System that provides information about current economic conditions across the 12 Federal Reserve Districts nationwide. This past month, data revealed that economic […]
Mixed data sent equity and bond markets into uncertainty, as economic expansion appears to be cooling, yet inflation remains a burden for consumers nationwide. The labor market also seems to be cooling, as […]
Prosperity and growth of a country is contingent on the health and expansion of its population. A measure of growth which eventually leads to a population demanding food, clothing, medicine, and other necessary […]