The United States added 211,000 jobs in April, rebounding as expected from a lackluster weather-jinxed March, but although quite a few more people will start getting paychecks, those who have been working aren’t seeing very much income growth from the strengthening economy.
The number of young men who earn between $30,000 and $100,000 has fallen significantly during the last 40 years.
Arriving together on Friday, reports on April retail sales, inflation and consumer sentiment portray a U.S. economy that continues to grow steadily and at a manageable pace.
The United States added 211,000 jobs in April, rebounding as expected from a lackluster weather-jinxed March, but although there are a lot of new people with paychecks, those who have been working aren’t seeing very much income growth from the strengthening economy.
The U.S. economy added 211,000 jobs in April and the unemployment rate fell to 4.4 percent.
New U.S. vehicle sales were disappointing in April, prompting concern that the auto industry’s lengthy boom is coming to an end.
The root of the problem was that consumer spending rose just 0.3 percent.
Audit, tax and advisory firm Grant Thornton says corporate CEOs are already sweating logistics.
The U.S. housing industry sent generally positive signals last week, and that has implications for everyone who sells goods and services to homeowners, including boatbuilders and their dealers.
It began after the November election — a wave of confidence that washed over consumers and business owners — and months later two important barometers of economic sentiment show that Americans continue to expect rising growth and prosperity this year.
The United States added 211,000 jobs in April, rebounding as expected from a lackluster weather-jinxed March, but although quite a few more people will start getting paychecks, those who have been working aren’t seeing very much income growth from the strengthening economy.
The number of young men who earn between $30,000 and $100,000 has fallen significantly during the last 40 years.
Arriving together on Friday, reports on April retail sales, inflation and consumer sentiment portray a U.S. economy that continues to grow steadily and at a manageable pace.
The United States added 211,000 jobs in April, rebounding as expected from a lackluster weather-jinxed March, but although there are a lot of new people with paychecks, those who have been working aren’t seeing very much income growth from the strengthening economy.
The U.S. economy added 211,000 jobs in April and the unemployment rate fell to 4.4 percent.
New U.S. vehicle sales were disappointing in April, prompting concern that the auto industry’s lengthy boom is coming to an end.
The root of the problem was that consumer spending rose just 0.3 percent.
Audit, tax and advisory firm Grant Thornton says corporate CEOs are already sweating logistics.
The U.S. housing industry sent generally positive signals last week, and that has implications for everyone who sells goods and services to homeowners, including boatbuilders and their dealers.
It began after the November election — a wave of confidence that washed over consumers and business owners — and months later two important barometers of economic sentiment show that Americans continue to expect rising growth and prosperity this year.
