Economic Analysis – Week of December 03, 2014

After the S&P 500 set a new record last Wednesday and lackluster Black Friday sales, there will be interest in the Beige Book released by the Fed today. The Fed has been minimizing the relevance of the steadily decreasing unemployment rate due to the historically low Labor Force Participation Rate. So the focus will be on stagnant wage growth and inflation not reaching its target of 2%.

More analysis of this week’s news by Econoday’s Senior Economist Mark Rogers:

Econoday reports, available on TradingScreen’s award-winning TradeSmart EMS, provide alerts on upcoming economic announcements, and jargon-free analysis of their potential market impact. Mark Rogers, Senior Economist for U.S. markets, has over 19 years of experience with the Federal Reserve Bank of Atlanta as an economist and forecaster for national and regional economies.

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