The Economy The U.S. economy cut a record 20.5 million jobs in April, while the unemployment rate climbed to 14.7%, as the coronavirus pandemic forced businesses across the U.S. to temporarily shut down and lay off workers. Key Indicators The Architectural Billings Index fell by 20.1 points to a score of 33.3 for the month […]
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Entries by Metalwest
The Economy Initial filings for unemployment insurance in the U.S. totaled a record 6.648 million for the week ending March 28. That more than doubled the prior week’s reported total that was also marked a high record at the time. Economists at Bank of America Global Research believe that, even though the current labor market […]
Taking Risks Risk is an important part of life. We each have to manage it, often times encourage it, and in some cases, we even try to eliminate it. Typically, we think of positive risk related to growing our retirement accounts, investing in a new home, or maybe taking a leap and buying an investment […]