Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the acf domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /nas/content/live/ucpm/wp-includes/functions.php on line 6121

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the instagram-feed domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /nas/content/live/ucpm/wp-includes/functions.php on line 6121

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the genesis-blocks domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /nas/content/live/ucpm/wp-includes/functions.php on line 6121
Big Economic Data Coming This Week

We are continuously working on improving and optimizing the accessibility of our site to make it easier for you to shop. If you encounter any issues today preventing you from making a purchase, please call our Customer Service at 858-412-6462 and they will be able to assist you in placing an order. We apologize for any inconvenience. Check ADA Accessibility Statement.

All Gold & Silver Products In Stock – Call Today!

View Accessibility

Big Economic Data Coming This Week

The beginning of the month always has a lot of economic data. From the Non-Farm Payrolls report to ISM to Factory Orders, there’s a ton for people to sift through. Typically the Jobs Report, which is scheduled to be released on Friday, sucks up the vast majority of attention.

But the week ahead might be different. Bloomberg Intelligence economists Carl Ricadonna and Josh Wright explain that in light of recent weak data, attention should be paid to all the numbers we get this week:

To be sure, market participants will be closely attuned to the March employment report when it is released on Friday, but assuming that the labor data show “more of the same” in terms of hiring momentum, the most important economic news of the week may come from other data releases. Economic forecasters are wondering how serious the current economic soft patch really is.

As you can see in this chart of the Bloomberg US Economic Surprise Index, economic data has been steadily below expectations throughout the year. The one exception has been labor data, which has been strong. The broad range of data this week will help determine whether this downtrend is a temporary blip or the start of something more worrisome.

 

Founded in 2012 | We Buy, Sell, Appraise, Consult

Contact us today: 858-412-6462

    Buy gold and silver img
    Member, American Numismatics Association