Inside the Economy: Economic Data for the New Year

This week on “Inside the Economy”, we look at the start of 2021 in terms of economic data. Unemployment holds steady around 6.7%. Manufacturing data continues to expand and improve. Oil prices break $50 to start the year. What impacts will Saudi Arabia and Russia have on the oil markets in 2021? Government debt continues to pile up. What are the risks and is it a problem? State revenues are looking better than projected. Will there be another stimulus? Tune in to find out. 

Key Takeaways:

• Annual Hiring is picking up
• Oil prices break $50
• The Federal Deficit continues to climb
• Inflation is still muted, but treasury yields are creeping higher.