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Today's Post - https://bahnsen.co/4dd0xsl
Economic Front
Net exports were the biggest drag (-0.9%), and, as is almost always the case, consumption was the largest contributor (+1.7%). Capex contributed just +0.4%.
The Personal Consumption Expenditures (PCE) was up +2.7% year-over-year last month, matching expectations.
54% of people worked at firms with less than 500 employees in 1980. That number is just over 46% now.
Links mentioned in this episode:
4.9
540540 ratings
Today's Post - https://bahnsen.co/4dd0xsl
Economic Front
Net exports were the biggest drag (-0.9%), and, as is almost always the case, consumption was the largest contributor (+1.7%). Capex contributed just +0.4%.
The Personal Consumption Expenditures (PCE) was up +2.7% year-over-year last month, matching expectations.
54% of people worked at firms with less than 500 employees in 1980. That number is just over 46% now.
Links mentioned in this episode:
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