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Economic update for the week ending May 28, 2022

May 28, 2022 Stock markets snapped one of the longest weekly losing streaks on record with their best week since November 2020 - Stock markets rallied after a core inflation report showed consumer personal consumption expenditures prices rose 4.9% in April...

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Economic update for the week ending May 14, 2022

May 14, 2022 Despite a rally on Friday stock markets posted another large weekly loss – Stock markets rallied on Friday to end a turbulent week. The S&P and the Nasdaq posted their sixth weekly loss; their longest losing streak since 2012. The Dow has dro...

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Economic update for the week ending May 7, 2022

May 8, 2022 The U.S. economy added 428,000 new jobs in April - The Department of Labor and Statistics reported that 431,000 new jobs were added in April. The unemployment rate held steady at 3.6%. The labor-force participation rate (the share of worker...

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