Did you miss our 3rd Quarter Economic Update? Don’t fret, a free download is available now!

 

Overall, the U.S. Economy continues to improve but at a very slow pace.    Leading indicators, while somewhat mixed, point to modest economic strengthening.  Gains were fairly widespread especially for manufacturing orders.  Unemployment claims were also positive in August and, like early September manufacturing readings, may extend into this month given the latest decrease in jobless claims report.  The Fed, as we predicted, decided to keep the status quo in its’ QE3 bond buying program.  Numerous reasons can be cited as potential reasons for their decision to stand firm. Read our full Economic Update post here.