The Unemployment Rate Doesn’t Show the Full Picture
By: Chris Versace (Diary) | November 4th at 08:48 PM |
Last week was a mixed week for Wall Street and the capital markets on a number of fronts. Thanks or rather no thanks to Hurricane Sandy, the North East faced billions of dollars in damages with New York and New Jersey heavily hit by power outages, gas shortages, fallen trees and damaged homes. The storm damage resulted in a shortened trading week for the capital | Read More »
Tags:
BLS,
Bureau of Labor Statistics,
Capital Markets,
Challenge,
consumer price index,
CPI,
defense spending,
disposable income,
Dow Jones Industrial Average,
employment report,
Fed,
Federal Reserve,
fiscal cliff,
food prices,
fuel prices,
hours worked,
inflation,
Intuit,
job cuts,
Nasdaq,
Nasdaq Composite Index,
New Jersey,
New York,
New York Stock Exchange,
NY,
payrolls,
PowerTrend,
S&P 500,
Sandy,
sequestration,
small business,
U-6,
underemployed,
underemployment,
unemployed,
unemployment rate,
wages,
Wall Street
Is The Economy Moving Forward or Simply Stumbling?
By: Chris Versace (Diary) | October 29th at 10:01 AM |
Last week I wrote about the need to look beyond the headlines in order to have a more informed view on what is or is not going on with the domestic economy. Last Friday, we received the gross domestic product (GDP) figures for 3Q 2012 from Bureau of Economic Analysis, and once again the headline of 2% growth does not reflect what is really going | Read More »
Tags:
ADP,
BEA,
Bureau of Economic Analysis,
business spending,
consumer spending,
defense spending,
durable orders,
Economy,
employment report,
energy prices,
Europe,
food prices,
gas prices,
GDP,
government spending,
gross domestic product,
hiring,
investing,
investment,
jobs,
obamacare,
payrolls,
personal income,
PowerTrend Profits,
presidential elections,
savings rate,
stocks,
tax reform,
uncertainty,
underemployed,
unemployed
![[RS]](/t/img/logo-footer.jpg){kind=logo}
