Economic Outlook: January 10, 2019

Jan 9, 2020  | Ep4521

The on-again, off-again negotiations with China appear to be ON, again. The rumors and news in advance of the most recent announcement colored some of the economic numbers.

The unemployment rate held steady at 3.5 percent as the boost from striking GM workers returning to the line begins to fade.

Only 145,000 jobs were created last month, well below the 200,000 the Fed believes is good for the U.S. economy.

The trade gap narrowed to $43.1 billion in November as the trade war with China continues to cut into imports AND exports.

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