A snapshot of the U.S. economy for the last six months.
The U.S. Month at a Glance (June 2008)
The U.S. Month at a Glance (June 2008)
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- The economy shed 49,000 jobs in May and the unemployment rate increased to 5.5 per cent.
- Household sentiment dropped to 57.2 from April’s reading of 62.8.
- Consumers are shunning high-priced, gas-guzzling SUVs and light trucks as gasoline prices rise soar to $4 per gallon.
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