The euphoria over the February jobs report faded today. Or should have. Here are the details from BusinessInsider.
She also pointed out that there has been no significant increase in spending by the private sector or consumers. No surprise the hike the central bank made in interest rates was small.
In addition, the Atlanta Fed GDPNow indicator has, well, plummeted. In just a matter of weeks it went down for Q1 2017 from 2.5% to 0.9%.
Of course, this kibosh Yellen and other indicators have put on optimism about the economy could bring back the darkness we had been experiencing since recently.
For those in much of professional services, there had been severe pressure on pricing. During the past two months that seemed to have let up. What I quoted, all prospects have accepted. No haggling.
Let's hope that a freak-out hasn't been unleashed upon the land.
Place your sponsored content and links on Jane Genova's syndicated sites.
Inbound links range from Bloomberg to Bing to AOL.
High rankings on Google.
Complimentary Consultation email@example.com.