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Econometric Advisors' blog

  • 08-09-2017

    A somber reminder

    It's been 10 years since the GFC began. Two economists review the somber history since then.
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  • 08-04-2017

    July jobs report beats expectations

    U.S. employers added 209,000 jobs in July, which was above the consensus forecast of 180,000 jobs. Over the past three months, job gains have averaged 195,000. This is a healthy pace and the economy remains in good shape, but job growth may be slowing slightly: 2017 has averaged 184,000 new jobs monthly, down from 2016's 187,000. Surprisingly, wage growth has not accelerated, despite the tight labor market. July's 2.5% wage growth maintained the pace we've seen for most of the past year.
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  • 07-28-2017

    GDP growth accelerates in Q2

    Gross Domestic Product (GDP) for Q2 2017 grew by 2.6% at an annualized rate, in line with consensus expectations. This was the best quarter since Q3 2016 when growth was 2.8%. By comparison, growth in the second quarter last year was 2.2% and in Q2 2015 was 2.7%.
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