The U.S. Economic Month at a Glance: May 2017

The Conference Board of Canada, May 5, 2017
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A snapshot of the U.S. economy for the last six months.

Document Highlights

  • The economy generated 211,000 new jobs in April and the unemployment rate dropped to 4.4 per cent.
  • GDP expanded at a tepid annual pace of 0.7 per cent in the first quarter of this year.
  • Tightening labour markets will lead to another interest rate hike in June.

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