Economic update for the week ending April 2, 2016

U.S. economy gains 215,000 jobs in March – Employers added 215,000 net new jobs in March. This was considered a healthy number which beat economists’ expectations of 199,000 jobs. Almost all sectors saw healthy job gains with the exception of manufacturing which lost 29,000 jobs.  This was a troubling part of the report as it ...

Economic update for the week ending March 26, 2016

Stocks slightly lower this week – Stocks pulled back after five members of The Federal Reserve’s Open Market Committee suggested that the next rate hike could come as early as the April meeting.  This was a change to the statements made just a month ago when the economy seemed like it was faltering.  Over the ...

Economic update for the week ending March 19, 2016

Stocks have another strong week – Stocks gained ground for a fifth straight week.  Stock markets have now gained back all the losses suffered in the first 6 weeks of 2016. Earlier in the year stocks were pounded by falling energy stocks due to low oil prices. Those stocks have made back their losses as ...