The Week in Review from Valeo Financial Advisors (May 30, 2014)
May 30, 2014    Disclosures    POSTED IN  Markets

Personal Finance

Employment in the U.S.

  • Nearly 17% of all nonfarm employment in Indiana is in manufacturing. This leads the nation. Map: BLS TED
  • Last week there were the fewest jobless claims since 2007 The Wall Street Journal

U.S. Economy

  • In part due to a severe winter, U.S. economy shrunk by 1% during the first quarter. International Business Times
  • In April U.S. consumer spending fell for the first time in a year, though personal income rose CNN Money

Around the World

  • Japan’s tax hike lifted inflation to a 23 year high of an annualized 3.2% The Washington Post
  • Eurozone confidence rose last month as the general economic situation slowly improves Irish Independent
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