Economic Insights – April 2017

The U.S. economy continues to show increased signs of life as we transition from the era-of-Obama to the era-of-Trump. 

Consider consumer confidence which we closely watched because it can foreshadow household spending, which makes up about 70 percent of economic activity.  It surged to a new 16-year high in March, fueled by strong job and wage growth, lofty stock prices and cheap gasoline. 

The Conference Board’s measure of economic and labor market perceptions jumped to 125.6 — it’s highest reading since December 2000 —from an.....