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Employment in Oil & Gas Drilling

…only down slightly from its January peak of 14.5%. Employment growth in the sector almost reached its 1980 peak growth rate of 16.5 %. In March, oil & gas extraction…

Economic Perspectives

growth over the past year. Moreover, average hourly earnings growth continues to slow. Now at 1.56%, it is approaching an all time record low. The recent improvement in consumer spending…

REAL GDP

With the downward revision of second quarter real GDP growth from a 2.4% growth rate reported in the advance report to 1.6% reported in the first revision, real GDP in…