ADP National Employment Report Beats Expectations, 238K Added
ADP National Employment Report came out with
ADP National Employment Report came out with
U.S. consumer spending measured its largest increase
Today's Dow record high close of over
New York state's manufacturing sector unexpectedly contracted
Obama approval at just 37 percent among
U.S. private employers added a fewer-than-expected 166,000
The Labor Department reports the U.S. economy added 169,000 jobs in August, missing economists’ expectations of 180,000. The jobless rate fell to 7.3%, the lowest since December 2008, and less than estimates that it would hold steady at 7.4%.
I have posted this free eBook before, but now a video has been produced for Economic Growth: Unleashing The Potential Of Human Flourishing. The eBook is another primer in the AEI Values & Capitalism series intended for college students, but made available on this site for all to enjoy. The video below is a prelude to the argument made in the book, which is a moral case for capitalism.
Reuters
A gauge of U.S. consumer spending rose in July at its fastest pace in seven months, a sign of quicker economic growth that could strengthen the case for the U.S. Federal Reserve winding down a major economic stimulus program.
U.S. economic growth unexpectedly accelerated in the second quarter, economic news that could bring the Federal Reserve a step closer to cutting back its monetary stimulus. The news comes on the heels of a report that found that 4 in 5 Americans have been experiencing some level of poverty, and white populations suffering more than ever.
