Tag Archives: research

Payroll Sets Moderate Pace in August Likely to Restrain Fed Rate Increase

September 2, 2016 The U.S. labor market produced a “Goldilocks” moment in August: Hiring was neither too hot nor too cold. Modest payroll growth last month reaffirms the sound state of the U.S. labor market and raises questions regarding whether the Federal Reserve needs to raise its benchmark interest rate when it meets Sept. 20-21. […]

Job Market Surpasses Previous Peak; Economy Shifts to Sustainable Growth

June 10, 2014 Supported by positive manufacturing and service-sector activity, the U.S. economy has settled into a steady pace of economic growth with strengthened hiring trends. Total employment has passed its pre-recession peak, adding back the 8.7 million jobs lost during the recession. This will be regarded as a positive sign by the Federal Reserve, which […]

Hiring Hits Breakout Pace in April as Total Employment Flirts with Pre-Recession Peak

May 6, 2014 Job creation accelerated in April, with private-sector industries and government agencies combining to lift payroll gains to their highest monthly level in more than two years. The aggressive pace of hiring signals that economic expansion could accelerate despite the weak initial first quarter GDP reading. The improvement in the labor market also […]

Consumer Confidence Surges on Expectations, Lifting September Retail Sales

October 18, 2012 Stronger employment growth, lower unemployment claims, improved stock market returns, and lower gasoline prices helped boost a sharp rise in consumer expectations, pushing the overall Consumer Confidence Index to 70.3 in September and marking the highest reading in seven months. Despite tepid wage and income growth, consumers are saving less, but spending […]