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Vanguard Weekly

By: Zimbler0 in POPE | Recommend this post (0)
Sun, 06 May 12 5:42 AM | 65 view(s)
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https://personal.vanguard.com/us/insights/article/economic-week-review-05042012

Economic Week in Review: Job gains disappoint again
May 04, 2012

The economy continues to seek traction. The latest reports suggest soft job growth, weak business activity in the huge service sector, and increasingly cautious consumers. Yet manufacturing activity appears to be solid and employers seem poised to hire—but who knows when? For the week ended May 4, the S&P 500 Index fell 2.4% to 1,369 (for a year-to-date total return—including price change plus dividends—of about 9.6%). The yield on the 10-year U.S. Treasury note fell 5 basis points to 1.91% (for a year-to-date increase of 2 basis points).

April was a month of soft job growth

(Article does continue. Zim.)




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