As the U.S. economy nears full employment, consumer confidence has increased and consumer debt has decreased. Today we discuss the impact of the French election and the international marketplace, as well as sovereign debt around the world. Stay tuned to learn more about GDP and inflation projections for 2017.
This week’s discussion highlights segments of the U.S. economy. The U.S. job market remains strong as layoffs within the energy sector remain low and individuals who leave their current positions are moving on to better jobs. In the housing market, U.S. home prices are up 10% on average and even higher in the Mountain and Pacific areas. The municipal bond market, with the exception of Illinois and New Jersey, has done well as state and local finances continue to improve. Listen in to hear more on these issues as well as GDP for the first quarter and anticipated bad press for Freddie Mac.
Though this week’s Inside the Economy is shorter than usual, it is full of interesting tidbits worth knowing. Larry goes into detail on the U.S. GDP’s recent correction, shares important notes on the labor market and unemployment, and takes us around the globe from Europe to China. He also touches on the S&P 500’s ‘less exciting’ trend, as well as the bond market’s increase in volatility. Listen in and share your comments and questions below.