Behind the Numbers Archive

  • Behind the Numbers - Jul 7, 2023

    Moderate Is Still Good - The U.S. added 209,000 jobs in June, less than expected and much lower than the ADP Employment report of 497,000 jobs. This is the lightest monthly gain since...
  • Behind the Numbers - Jun 23, 2023

    Inflation Fighting Kicks Into High Gear - Aftershocks have the most impact. Powell and Co. filled the airways this week with post-FOMC meeting chatter. The take-away from Federal Reserve Chair Jerome Powell’s...
  • Behind the Numbers - Jun 16, 2023

    The Fed Gives More Than Expected - This week’s FOMC decision to take a break from raising the benchmark lending rate was fully expected. What wasn’t expected was the very hawkish outlook...
  • Behind the Numbers - Jun 9, 2023

    Odds and Ends for a Quiet Week - Much like the recent ISM manufacturing survey, its counterpart service sector index unexpectedly declined. The key measure for activity in the service industry fell...
  • Behind the Numbers - Jun 2, 2023

    A Complex Job Report - The monthly job report was a mixed bag and only makes the next rate decision more difficult for the Federal Reserve. According to the Labor Department...