The Week in Review from Valeo Financial Advisors (September 5, 2014)
U.S. Economy
- Growth in the U.S. service sector is helping to narrow the trade deficit and is causing economists to raise estimates of total U.S. economic growth Reuters
- U.S. manufacturing grew by the most in over three years Bloomberg
U.S. Labor Market
- Private sector growth is helping out the longest jobs recovery in the history of the U.S. The Wall Street Journal
- “5 Takeaways from the August Employment Record” as the unemployment rate falls to 6.1% The Wall Street Journal
Around the World