Instant Analysis of Today’s Employment Report for April Job Market Heating-Up; +288K vs. Consensus Exp. +218K Labor Market Leaps Into Second Quarter- Shows Visible Signs of Firming Avg. Monthly Payroll Gains over Past 3-Months Improves to +237K Broad-based Job Growth across Goods & Services Sectors Business Services (+75K), Ed & Health (+40K), Leisure & Hospitality […]
Continue ReadingThe U.S. economy is showing more spring in its step as the winter slowdown gives way to acceleration in consumer spending, industrial production and job creation. A combination of pent-up demand from the winter months, a strengthening labor market, stock and home-price gains, and less concern about debt are giving consumers the confidence they need […]
Continue ReadingThe economic data released over the past month implies further strengthening of the U.S. economy in 2014. The Conference Board’s Leading Economic Index suggests solid growth on the horizon, and manufacturing is still expected to be a key component of the economic recovery, despite the drop of 1,000 net jobs in March. We see many […]
Continue ReadingThis issue: Is the Yellen FOMC More Hawkish? Bank of the West US Outlook, March 21, 2014
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