The Week in Review from Valeo Financial Advisors (May 2, 2014)
May 2, 2014    Disclosures    POSTED IN  Markets

U.S. Economy

  • The unemployment rate in the United States fell to 6.3% in last month as 288,000 jobs were added Bloomberg
  • The United States economy grew by only 0.1% during the first quarter, but consumer spending rose three percent. MarketWatch
  • Both individual income and spending picked up last month CNBC
  • The U.S. Federal Reserve reduced their monthly bond buying program by another $10 billion. CBS Moneywatch

U.S. States and Cities

  • Raking states by infrastructure needs Bloomberg
  • Fastest growing cities Bloomberg

European Economy

  • Manufacturing in most European nations continues to be strong Reuters
  • Ten years ago the European Union expanded from 15 nations to 25. A look at how each has fared since The Economist


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