SHV - Federal Reserve Watch: The Economy Seems To Be In A Pretty Good Place
Three pieces of recent good news for Federal Reserve officials.
First, the rate of growth of the US economy rose or remained constant for the twelfth consecutive month, coming in for the first quarter of 2019 at 3.2 percent.
Second, the growth rate of labor force productivity came in at its fastest pace since the third quarter of 2010. The growth of labor force productivity increased, year-over-year, by 2.4 percent in the first quarter of 2019.
Third, the US Labor Department announced that the economy added a seasonally adjusted 263,000 jobs in April.