4721 Outlook

Economic Outlook: January 7, 2022

Jan 7, 2022  | Ep4721

There was mixed news on the financial front as fallout from the great employment resignation and COVID. --

A modest 199,000 jobs were added last month pushing the unemployment rate down to 3.9 percent - approaching a 50-year low of 3.5 percent.

Solid job gains in recent months, and a declining unemployment rate has the Fed looking at raising interest rates in June as inflation hovers at 7 percent.

Creighton’s Mid-America Business Conditions Index rose to 64.6 to remain above growth neutral. Supply delays remain top of mind for business owners.

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