February jobs report stronger than anticipated; NAFCU expects robust gains in coming months
Macro Data Flash report. Long’s commentary on the report was also featured in
Of note, the January non-farm payrolls rate was significantly revised up to a gain of 166,000.
“The February jobs report was stronger than anticipated, thanks to a spike in restaurant employment,” said Long. “Private payrolls grew by 465,000, and restaurants accounted for over 60 percent of that total.
“With vaccine distribution continuing to accelerate and with the economy in the initial stages of a reopening, the coming months should see robust gains,” added Long.
NAFCU s Long provides insights into new GDP, home sale data
cuinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cuinsight.com Daily Mail and Mail on Sunday newspapers.
Consumer credit rises in November; NAFCU expects flat growth in coming months
cuinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cuinsight.com Daily Mail and Mail on Sunday newspapers.