The February reports are in. The economy continues to grow. Prices have increased more in January than any month since February 2013. The labor market is strong and showing signs of wage increases as conditions tighten. This points to a probable tightening by the Federal Reserve this afternoon. Please note we have tried to use the most updated information in our graphs, but these figures are constantly revised. Links to the sources have been provided so readers can secure the most up to date figures. More
I confess, I (Hannah) have an addiction to Stitch Fix! Have you seen the ads for it on social media? If you are not familiar with it, Stitch Fix is a personal styling service that sends a box of 5 clothing items or accessories straight to your front door! You get to try on everything in the comfort of your own home with other items in your wardrobe, then ship the items that you don’t want to purchase back to Stitch Fix. For a girl who doesn’t care to go to the mall, and needs all of the fashion help she can get, it is a win-win! More
Unemployment vs. Not Employed - what is the difference and what did President Trump mean when he said 94 Million Americans are out of the Labor Force? More
Imagine that suddenly 86 percent of your cash was not accepted. Now consider that you did not have a checking account, debit card, or credit card. That is what happened in India, an economy where cash is used in 90 percent of the transactions and many people do not have bank accounts, credit cards or any other means of payments. More