Washed Out

posted 8/7/2012 in General

Economic Commentary Highlights...

.The July 2012 employment report was better than washed-out expectations, but still weak. More robust hiring may resume when uncertainties around the fiscal cliff, Europe, and China begin to lift.

.Personal income growth is probably the best indicator of the health of the labor market, and it remains tepid, suggesting a steep hill to climb for incumbents in the upcoming elections.

.Outside of the employment report, most measures of labor market health tell a similar picture: modest improvement.

View the entire economic commentary (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of August 7, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

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