U.S. Economy

U.S. Unemployment Rate Drops To 4.6 Percent – Lowest Since August 2007

U.S. Unemployment Rate Drops To 4.6 Percent – Lowest Since August 2007

DETROIT - THE U.S. unemployment rate in November dropped to its lowest level since August 2007, before the great recession began, to 4.6 percent, putting it within putting distance of the low for the previous cycle of 4.4., Comerica Bank reported. But expectations for the official payroll job numbers for November were boosted by a

By Mike Brennan|2016-12-02T13:16:50-05:00December 2nd, 2016|News|

July Consumer Confidence: Improved Finances, Low Interest Rates Support Spending

July Consumer Confidence: Improved Finances, Low Interest Rates Support Spending

ANN ARBOR - Consumers were a bit less optimistic in July than one month or one year ago, although consumer confidence remains at a reasonably high level, according to the University of Michigan Surveys of Consumers. The recent decline was due to rising concerns about prospects for the economy that were mainly expressed by upper

By Staff Writer|2016-08-02T09:36:53-04:00August 2nd, 2016|Featured, News|