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Listen Live
Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
The economics calendar will bring us the monthly jobs report, which should show the U.S. economy continues to create jobs in the 10th year of the economic recovery. Economists expect the economy added 185,000 jobs in April, a rebound from March’s disappointing headline jobs gain while the unemployment rate is expected to drop to 4% after
READ MOREU.S. economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business investment cushioned some of the weakness. Gross domestic product, the value of all goods and services produced in the nation, rose at a 2.3 percent annualized rate after climbing 2.9 percent in the prior quarter,
READ MOREHome prices in the U.S. started 2018 on the rise, outpacing the rate of economic growth. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index reported a 6.2% annual gain in January, down slightly from 6.3% in December. The 20-City Composite rose 6.4% from a year ago, and after seasonal
READ MOREGDP growth likely will be slow in the first quarter — as low as 1.4 percent, according to a UBS estimate — but should accelerate strongly later in the year. Bank of America Merrill Lynch sliced its growth estimate from 2.3 percent to 1.7 percent for Q1 but maintained its full-year 2.9 percent forecast. Earlier
READ MOREThe Federal Reserve raised rates for a sixth time since the policymaking Federal Open Market Committee began raising rates off near-zero in December 2015. Chairman Jerome Powell will take questions after the rate-hike decision. Fed still expects 3 rate hikes this year, but will pick up the pace in 2019.
READ MOREThe U.K.’s central bank held rates at their current 0.5 percent level on Thursday, amid lower-than-expected inflation figures and modest improvements to wage increases.
READ MOREThe US economy is experiencing healthy economic growth and a strong labor market. Combined those are increasing the risk of rising inflation and higher interest rates. This could lead to reduced house-buying power.
READ MOREU.S. consumer sentiment rose more the anticipated in the preliminary March reading. The survey reaches a level not seen since 2004. Optimistic mentions regarding recent tax reform legislation were weighed down, however, by negative views of steel and aluminum, the survey found.
READ MORETwo gauges of manufacturing sentiment reflected continued solid activity in March, according to data released Thursday. The Philadelphia Fed manufacturing index slipped a bit to a reading of 22.3 in March from 25.8 in February. Economists had expected a a reading of 23. The Empire State Index, which had been lagging Philly, jumped to a
READ MOREFebruary Retail Sales came in lower than expected at -0.1% vs. estimates of 0.3%. Retail Sales ex-Autos 0.2% vs. estimates of 0.4%. February Headline PPI MOM 0.2% vs. estimates of 0.1%. PPI YOY 2.8% vs. estimates of 2.8% Core (ex food and energy) PPI MOM 0.2% vs. estimates of 0.2%. Core PPI YOY 2.5% vs.
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