U.S. Economic and Market Highlights
THE ECONOMY
- The U.S. labor market surprised investors with a strong month in January, adding 517,000 jobs which reduced the unemployment rate to 3.4%.
Author: Stephen Zielinski
November – December 2022
U.S. Economic and Market Highlights
THE ECONOMY
- U.S. consumer price increases, measured by the CPI, ended the year up 6.5% year-on-year in December, moderating from a 7.1% rise in November. This was welcome news as inflation rates continue to decline.
October – November 2022
U.S. Economic and Market Highlights
THE ECONOMY
- The U.S. Core CPI inflation rate dropped to 6.0% year-on-year, and headline inflation (including energy and food) dropped to 7.1% in November favorably below expectations.
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