4637 Outlook

Economic Outlook: April 30, 2021

Apr 30, 2021  | Ep4636

Annual look backs in 2021 to economic data of 2020 are misleading and unbalanced.

March’s orders for big-ticket manufactured goods went up 0.5 percent. The rebound may be higher once supply chain disruptions are smoothed.  

Consumer spending rose 4.2 percent last month according to the Commerce Department. Jane and John Shopper account for two-thirds of economic activity.

The Fed says they’ll keep interest rates where they are for now.

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