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Economic update for the week ending January 9, 2021

Economic update for the week ending January 9, 2021 The U.S. Economy lost 140,000 jobs in December – The Department of Labor Statistics reported that 140,000 non-farm jobs were lost in December. This marked the first month of net job loss [...]

Economic Update for the Year Ending December 31, 2020

Economic Update for the Year Ending December 31, 2020 Stock market indexes ended the year at record highs – To call 2020 a wild year for Wall Street would be an understatement! The year started off with the lowest unemployment ra [...]

Economic update for the week ending December 26, 2029

Economic update for the week ending December 26, 2029 Stocks almost unchanged for the week - Stock markets had a lackluster week as President Trump would not sign off on a stimulus package that everyone felt would be a done deal after it was [...]

Economic Update for the week ending December 19, 2020

Economic Update for the week ending December 19, 2020 Stock markets finished the week higher – Investors teetered between optimism and pessimism this week. On the positive, COVID-19 vaccine injections began in the U.S.. A second vaccine fr [...]

Economic update for the week ending December 12, 2020

Economic update for the week ending December 12, 2020 Stock markets closed lower this week after three weeks of gains - Stocks dropped slightly as new unemployment claims surged for a second week. This was a result of layoff [...]

Economic update for the week ending December 5, 2020

Economic update for the week ending December 5, 2020 The U.S. economy added 245,000 new jobs in November - The Department of Labor Statistics reported that employers added 245,000 new jobs in November. That was a disappointing result as ana [...]

Economic Update For The Week Ending November 28, 2020

Economic Update For The Week Ending November 28, 2020 Stock markets rose to historic highs again this week - In a holiday shortened week stocks continued to climb. More news on the vaccine front indicates that approval to be [...]

Economic Update For The Week Ending November 21, 2020

Economic Update For The Week Ending November 21, 2020 Stock markets almost unchanged this week - Investors bought stocks based on positive news showing that several COVID-19 vaccines are close to being approved for distribut [...]

Economic Update For The Week Ending November 14, 2020

Economic Update For The Week Ending November 14, 2020 Stock markets - Stocks advanced further this week after the announcement that Pfizer's COVID-19 vaccine had proven to be 90% effective. By week's end other vaccine manufa [...]

Economic Update For The Week Ending November 7, 2020

Economic Update For The Week Ending November 7, 2020 October Job gains beat expectations -The Department of Labor Statistics reported that the U.S. economy added 638,000 new jobs in October. The unemployment rate dropped [...]