Click here for the Wells Fargo Weekly Economic and Financial Commentary A preview: Slow Growth for the Foreseeable Future – This week’s third quarter GDP release pointed toward an ongoing moderate pace of economic growth. Growth for the quarter was supported by consumer spending, much slower business spending, residential construction activity, and government spending. Net […]
Continue ReadingClick here for a PDF of the Wells Fargo Weekly Economic and Financial Commentary A preview: Searching for Truth in a World of Conflicting Data · Walt Whitman wrote that “whatever satisfies the soul is truth.” A 21st century application of the famed poet’s observation might be that regardless of your view of the economy, […]
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Continue ReadingClick HERE to view a PDF of the Economic and Financial Commentary provided by Wells Fargo for the week of October 8, 2012 A preview: Unexpected Drop in Unemployment Rate -The labor market appears to be on stronger footing as payrolls rose by 114,000 jobs in September and revisions to previous months’ data added […]
Continue ReadingClick below to read the weekly economic update from Wells Fargo Weekly Economic Financial Commentary_September 28, 2012
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Continue ReadingClick HERE to view a PDF of this week’s Economic and Financial Commentary from Wells Fargo A taste: -The Federal Reserve announced another round of asset purchases and further extended the time that it expects short-term interest rates to remain extraordinarily low through the middle of 2015. -Data on retail sales and industrial production came […]
Continue ReadingThe most recent Wells Fargo commentary regarding the economy is now available. Some of the highlights include: Weekly Economic Financial Commentary Housing Market Recovery Remains Intact · Existing home sales and new home sales posted sizable increases in July as inventories of existing homes continued to trend downward. · Jobless claims edged […]
Continue ReadingThe highlights from the current Wells Fargo update are below: Economic Growth Remains in Positive Territory · The heavy week of economic indicators continues to reflect slow but steady economic growth. One positive surprise was the stronger-than-expected increase in retail sales in July. The retail sales “control group” showed a solid gain on the month, […]
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