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Economy

U.S. Adds 225,000 Jobs in January amid Strong Manufacturing Numbers

United States nonfarm jobs “rose by 225,000 in January, and the unemployment rate was little changed at 3.6 percent,” the U.S. Bureau of Labor...
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2019 Fourth Quarter GDP Increased 2.1 Percent

“Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019”, the Bureau of Economic Analysis reported...
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Federal Reserve Keeps Interest Rates Fixed

Federal Reserve Chairman Jerome Powell announced today, they have “decided to leave our policy rate unchanged”. This will “maintain the target range for the...
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CBO Releases New 10-Year Federal Budget Outlook, Forecasting Deficit to Increase $13 Trillion

The United States Congressional Budget Office (CBO) published their newest report, presenting “projections of what federal deficits, debt, revenues, and spending… would be for...
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US and China Sign Phase One Trade Agreement

Today, the United States and China have signed the Phase One Trade Agreement. Included in the Phase One Trade Agreement are changes to China’s...
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U.S. Trade Deficit Decreases 8.2% as Deficit with China Decreased $2.2 billion in November

The U.S. Bureau of Economic Analysis announced today that the trade deficit decreased 8.2% in November. The deficit “was $43.1 billion in November, down $3.9...
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Next Round of China Tariffs One Week Away

The United States’ next round of tariffs on China will go into effect in less than one week, on Sunday, December 15th. “With an...
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