Page 42 - Mark Vitner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

mfr.com Dec. 28: Friday, Jan. 8, delivers the December employment report, along with November wholesale inventories and November consumer credit. The jobs data are tougher than usual to predict, with complicating factors including sizeable holiday-related seasonal adjustment that may distort outcomes, as patterns are anything but normal at the moment. Other tough-to-assess factors include the degree of pandemic-related softness in the service sector, and the speed at which underlying gains are slowing as the initial post-lockdown bounce fades. With those caveats in mind, expectations concerni...

As COVID-19 Cases Rise and Restrictions Loom, Small Business Owners See Long Road to Recovery As COVID-19 Cases Rise and Restrictions Loom, Small Business Owners See Long Road to Recovery With COVID-19 cases surging and a new wave of restrictions looming, challenges persist for small business owners as they continue to weather the pandemic according to data from the Q4 Wells Fargo/Gallup Small Business Index. While the index score rose 12 points for the second straight quarter, overall optimism levels remain just over half of what they were in late 2019. For the third straight quarter, res...

The area continues to outperform the state. Florida's seasonally adjusted unemployment rate was 6.4% in November, the same as in October. The local unemployment rates are not seasonally adjusted.  The state has added 721,500 private sector jobs between May and November, according to the Department of Economic Opportunity. Nonagricultural employment grew by 4,000 jobs statewide between October and November.  States like Florida and Georgia, which are allowing businesses to open and operate if they can do it safely, have seen quicker recoveries than states that continue to shut down "nones...

Wells Fargo economists foresee healthy recovery for U.S. in second half of 2021 Global economic recovery ‘already under way’ Monday, December 14, 2020 11:15 AM A return to normal from the coronavirus pandemic remains the biggest known wild card for both the U.S. and global economies, and the pace of the pending vaccine rollout could accelerate or put the brakes on the rate of economic recovery, according to an analysis Thursday by Wells Fargo economists.  The 2021 Economic Outlook presentation featured Jay Bryson, chief economist with Wells Fargo Securi...