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Regional Fed manufacturing surveys diverge

So what’s the state of U.S. manufacturing? Dueling Federal Reserve indexes for the New York and Philadelphia areas countered each other last week during a period that was generally light on economic reports.

Wage growth remains elusive despite job gains

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.

Regional Fed manufacturing surveys diverge

So what’s the state of U.S. manufacturing? Dueling Federal Reserve indexes for the New York and Philadelphia areas countered each other last week during a period that was generally light on economic reports.

Wage growth remains elusive despite job gains

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.

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