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3rd Quarter Investment Overview

October 10, 2013

Growing Your Wealth


Download NowThe U.S. economy continues to show signs of improvement, but overall growth remains below historical trends. Second quarter real GDP growth came in at 2.5%, an improvement over the revised level of 1.1% experienced for the first quarter of 2013. Inflation levels remain under control for the time being, likely ensuring an accommodative interest rate environment continues. Unemployment fell to 7.3% in the September reading, and jobless claims were the lowest since 2007. While the lower unemployment number is a welcome trend, the actual pace of hiring is still progressing at a measured pace, with recent nonfarm payroll reports coming in below estimates... download the pdf to read more.

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