08|07|2023

Leading Indicator Watch | August 4, 2023

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

Jobs data revealed a softening labor market this past week. Non-farm payrolls (Jul) added 187k for the month, which is the 2nd lowest month year-to-date. JOLTS Job Openings also fell to 9.582M (Jun) from 9.616M (May).

Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.

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