Market News

News by the Numbers: Week of March 12, 2018

Five noteworthy figures from the previous week

313,000
Net job growth in February, as measured by the Department of Labor.

February was the best month for hiring in a year and a half. In addition, the economy added 54,000 more jobs during December and January than the federal government originally calculated.

Source: marketwatch.com/story/us-adds-313000-jobs-in-february-in-biggest-gain-in-a-year-and-a-half-2018-03-09/

5
The number of months the jobless rate has stayed at 4.1%.

This unchanged figure may signal that the nation has reached full employement.

Source: tradingeconomics.com/united-states/unemployment-rate [3/9/18]

9
The number of years this current bull market has lasted.

Friday marked the ninth anniversary of the start of one of the longest bull runs Wall Street has ever seen. Since the S&P 500 bottomed out at 676.53 on March 9, 2009, it has gained more than 300%.

Source: investopedia.com/news/bull-market-turns-9-netflix-amazon-among-top-performers/ [3/9/18]

$112 billion
The estimated net worth of the world’s richest person.

In its annual billionaire rankings, Forbes puts Amazon CEO Jeff Bezos at the top. His net worth has increased $39 billion in the past 12 months.

Source: cbsnews.com/news/forbest-2018-list-of-worlds-billionaires/ [3/6/18]

$8,700
What the average U.S. household pays for child care each year.

Child Care Aware of America, an advocacy group for military families, published this figure last week. It also estimates that, on average, single parents with just one child spend almost 36% of their incomes on child care.

Source: nbcnews.com/business/velshi-ruhle/rising-cost-child-care-being-felt-across-country-n854926 [3/8/18]

 

View More Articles

Learn More About BCJ Financial Group

Visit BCJFinancial.com

Contact Us

 


 

Securities offered through World Equity Group, Inc. Member FINRA/SIPC. Advisory Service offered through BCJ Capital Management. World Equity Group, Inc. and BCJ Capital Management are independently owned and operated. BCJ Capital Management is a (SEC) registered investment adviser. Information presented is for educational purposes only. It should not be considered specific investment advice, does not take into consideration your specific situation, and does not intend to make an offer or solicitation for the sale or purchase of any securities or investment strategies. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment. BCJ FG 18-36

You Might Also Like