Economic Indicators for September 2017

For John, BLUF:  The economy is doing OK.  Nothing to see here; just move along.

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Sept. jobless rates down over the year in 345 of 388 metro areas; payroll jobs up in 309

This is from the Bureau of Labor Statistics.

Contacts for Technical information are:

Employment:	(202) 691-6559	sminfo@bls.gov	www.bls.gov/sae
Unemployment:	(202) 691-6392	lausinfo@bls.gov	www.bls.gov/lau

The largest [nonfarm payroll employment] over-the-year percentage increases occurred in Haverhill-Newburyport-Amesbury Town, MA-NH (+2.8 percent), Dallas-Plano-Irving, TX (+2.7 percent), and Boston-Cambridge- Newton, MA, and Fort Worth-Arlington, TX (+2.6 percent each). The largest over-the-year percentage decreases occurred in Gary, IN (-1.1 percent), and Elgin, IL (-0.7 percent).

Almost all good news.

Regards  —  Cliff