Monthly Archives: March 2014

U.S. UNEMPLOYMENT RATE FALLS 3/7/14

Nonfarm payrolls rose by a seasonally adjusted 175,000 in February, the Labor Department said Friday, marking a partial rebound from a stretch of particularly sluggish job growth. Revisions also showed the economy added slightly more jobs in recent months than previously estimated. Payroll employment rose by 129,000 jobs in January, revised up from 113,000, and 84,000 in December, up from the earlier estimate of 75,000. Continue reading

THE POLAR VORTEX HAS PUT A CHILL ON U.S. BUSINESS CONDITIONS IN EARLY 2014 2/28/14

As we wrote in our 2014 Market Outlook, we are anticipating upside surprise in economic growth numbers for this year.  However, the cold weather has thrown this forecast off course somewhat in the short term.   But we believe spring will bring a lot of pent up demand both from consumers and businesses.  The energy boom in the U.S. will be running full steam as natural gas prices finally increased after several years of historic low prices due to ample supply.  The energy sector could produce more jobs than anticipated in 2014 – especially if Congress actually does something to modify the strict rules on exporting U.S. natural gas.  We will be watching this closely over the next few months.  Continue reading