Leading Indicator Watch | August 5, 2022

AUTHOR: Kerry Hilsabeck, CFP®
TITLE:       Investment Adviser Rep
TAGS:   Jobs, Housing, Building, Yield Curve, S&P 500

Highlights from the August 5, 2022 Leading Indicator Watch: Nonfarm Payrolls (Jul) added 528k jobs compared to an estimated 250k. Unemployment rate fell to a pre-pandemic low, 3.5%, supporting continued Fed rate hikes. Be sure to check out more of last week’s Leading Indicators here and stay tuned for the latest in Market Thoughts.