Economic Outlook: January 8, 2021

The unemployment rate remained steady at 6.7 percent - the first time the mark hasn’t fallen since April.

For the first time in 7 months, nonfarm payrolls fell by 140,000.

Purdue University’s CME Barometer gained 7 points in December as farmers’ perception of the current situation on their operations improved.

Creighton University’s Business Conditions Index declined for the second-straight month, but did stay above growth neutral.

The trade deficit climbed to the highest monthly gap in 14 years as more goods came into the U.S. than left for other ports of call.