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Inside the Economy: Economic Data for the New Year

By January 11, 2021January 12th, 2021No Comments

This week on “Inside the Economy”, we look at the start of 2021 in terms of economic data. Unemployment holds steady around 6.7%. Manufacturing data continues to expand and improve. Oil prices break $50 to start the year. What impacts will Saudi Arabia and Russia have on the oil markets in 2021? Government debt continues to pile up. What are the risks and is it a problem? State revenues are looking better than projected. Will there be another stimulus? Tune in to find out.

Key Takeaways:

  • Annual Hiring is picking up
  • Oil prices break $50
  • The Federal Deficit continues to climb
  • Inflation is still muted, but treasury yields are creeping higher.

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