US leading index rises in June but still points to recession

Released on July 23, 2020 The Conference Board Leading Economic Index for the US improved in June for the second consecutive month; however, the economic outlook remains weak. The index rose 2.0% in June to a reading of 102.0; this follows an increase of 3.2% in May and a decline of 6.3% in April. “TheRead More

Employment Summary for February 2020

February was a big month for hiring, according to the latest Bureau of Labor Statistics report. In fact, employment had such a strong surge that the U.S. posted the best jobs numbers since May 2018, according to Bloomberg. “Payrolls rose 273,000 after the prior month was revised up to also reflect a 273,000 gain, accordingRead More