The FED Said Two interesting, and important, documents crossed our desk last week. The first was the 2019 edition of the Economic Report of the President. What particularly grabbed our attention was the following statement from Chapter 3: Fundamentally, when people opt to neither work nor look for work it is an indication that the after-tax income […] Read more
The FED Said The share of the prime-age population engaged in the U.S. labor market is on the rise, led by a sharp rebound in the labor force participation (LFP) rate by prime-age female workers (those ages 25–54). This point was highlighted in a recent Wall Street Journal article. Since 2015 the LFP rate for prime-age women […] Read more
The FED Said Federal Reserve Bank of Atlanta Summary of Economic Activity Sixth District business contacts reported that economic activity continued to advance at a moderate pace over the reporting period and the outlook among contacts remained positive. Labor markets continued to tighten, and some firms noted relocating certain segments of their operations to gain […] Read more
The FED Said Overall US Economic Activity Economic activity continued to expand in late January and February, with ten Districts reporting slight-to-moderate growth, and Philadelphia and St. Louis reporting flat economic conditions. About half of the Districts noted that the government shutdown had led to slower economic activity in some sectors including retail, auto […] Read more