4437 Outlook

Economic Outlook: May 3, 2019

May 3, 2019  | Ep4437

It appears our general willingness to part with our hard earned cash has put the nation on track to have the longest period of economic expansion in U.S. history. ---

U.S. employers added 263,000 jobs last month.

The expansion cut the unemployment rate to 3.6 percent – the lowest level in nearly half a century.

The Dow Jones Industrial average digested the news and grew more than 150 points.

Fed governors have been satisfied with the speed of economic growth and left interest rates untouched for another month.

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