Economic Outlook: October 4, 2019

Oct 4, 2019  | Ep4507

The global economy is slowing down and U.S. analysts are waiting to see if the domestic economy will follow suit. --

Last month, 136,000 jobs were created as the unemployment rate fell to 3.5 percent – a 50 year low.

New orders for manufactured goods slipped last month.

Shipment of those goods has declined for the past two months.

The trade gap is now $430 billion – 7 percent ahead of 2018’s pace. -----

Grinnell Mutual Insurance