Author: Kellie Ell

Momentum May Be Hard to Maintain in Friday’s Jobs Report

Momentum May Be Hard to Maintain in Friday’s Jobs Report

The new year started with accelerating economic growth, but the momentum is likely to have slowed in March.  The jobs report to be released Friday by the Bureau of Labor Statistics (BLS) follows a solid two-month economic boom at the start of 2017. In February alone, 236,500 nonfarm payroll jobs […]

Confidence Soars Amid Modest Consumption

Confidence Soars Amid Modest Consumption

Consumer confidence may be soaring but consumer spending has barely moved since last month. The Bureau of Economic Analysis released its latest report on March 31, which showed a 0.1% increase in consumer spending from last month, a slight disappointment from the 0.2% expected. A historically warm winter decreased service […]

Shoppers Are Looking For A Discount — And TJX is Reaping The Benefits

Shoppers Are Looking For A Discount — And TJX is Reaping The Benefits

When President Trump took office in January, Simone Wilson was worried about how it might impact her small business. Wilson, who co-owns Spartan Construction and Interior Design just outside of Seattle with her husband James, was afraid her clients might not be as willing to dig into their pockets for […]

credit cards on dollars; Shutterstock ID 108036761; PO: Open Forum; Job: Financial Watch; Client: Federated Media

Personal Income Rises, But Buying Power Dwindles With Inflation

Personal income increased in January but the gains were eaten up by rising prices. Personal income rose 0.4%, exceeding a 0.3% expectation. Consumer spending figures also rose by 0.2% — but a sharp disappointment compared to the previous month’s 0.5% growth. With rising prices, however, the real value after inflation […]