Economic Outlook: July 5, 2019

Jul 3, 2019  | Ep4446

Your day-to-day economic situation may have you concerned about the future but many business owners are shaking off concerns about weakness in global growth. ---

The Labor Department says 224,000 jobs were created last month.

Unemployment climbed 0.1 percent to 3.7 percent as more people started looking for work.

New jobs notwithstanding, the lure of cheaper overseas goods widened the trade gap in May by 8.4 percent to $55.5 billion.

The Mid-America Business Conditions Index continues to show economic growth across the nine states surveyed despite weaker farm income.

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