Leading Indicator Watch | August 5, 2022

AUTHOR: Kerry J. Hilsabeck, CFP®
TITLE:    Investment Adviser Representative
TAGS:     Jobs, CPI, Yield Curve, S&P 500, Consumer Sentiment

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.