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Michigan Business Network: LAFCU - Top

Reports and Announcements – Job Market, Trade Deficit and More

Regional BusinessThe U.S. job market grew far more than expected last month, shoring up confidence that economic momentum had returned after the bleak winter quarter and increasing the odds that the Federal Reserve will hike interest rates by the end of September.

The U.S. trade deficit fell sharply in April as the effects of a West Coast port slowdown faded, easing one of the biggest drags on the economy during the opening months of the year.

It looks like going into debt for extra degrees is out and working for a paycheck is in.

Many more Reports and Announcements are included in this segment that are important for businesses to understand.

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