The Week in Review from Valeo Financial Advisors (May 2, 2014)
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
Miscellaneous
- A map of baseball nation The New York Times