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Market Insight February 2023

February 03, 2023

U.S. GDP Rose 2.9% In The Fourth Quarter, More Than Expected Even As Recession Fears-  Loom The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead.

Market Insight January 2023

January 09, 2023

Economic Growth, Manufacturing Readings Improve At End Of 2022- Real gross domestic product (GDP) in the U.S. increased at an annual rate of 3.2% in the third quarter of 2022 according to the federal government’s third and final estimate.

Market Insight December 2022

December 02, 2022

November Jobs Report-Unemployment Rate Held Steady At 3.7% With 263,000 Jobs Added—Economists surveyed by Bloomberg estimate that 200,000 jobs were added last month.

Market Insight November 2022

November 08, 2022

Economy Added 261,000 Jobs Even As Recession Fears, Inflation Rose—Hiring stayed strong in October as employers added 261,000 jobs despite high inflation, rising interest rates and growing recession fears.

Market Insight October 2022

October 07, 2022

Why The Federal Reserve Won’t Be So Quick To Ease Up On Its Fight Against Inflation—"Think of Federal Reserve Chairman Jerome Powell as a gymnast sprinting across the mat, spiraling, turning, churning, then twisting through the air and trying to make sure he still lands perfectly on his feet.

Market Insight September 2022

September 07, 2022

U.S. GDP Contracted 0.6% in Q2, Less Than Initial Report - “The American economy contracted in the April-June quarter but not as much as initially reported, as revised data showed stronger U.S. exports and spending, according to government data released August 25.

Market Insight August 2022

August 08, 2022

Inflation has dominated the news about America’s economy in recent months as prices for food, gas and other goods have increased faster than they have in four decades.

Market Insight July 2022

July 11, 2022

The Economy Added 372,000 Jobs In June, Outpacing Expectations—An unexpected boost in hiring and a signal that the labor market remains robust despite recession fears, according to the monthly jobs report from the Bureau of Labor Statistics released July 8.

Market Insight June 2022

June 03, 2022

Economy Adds 390,000 Jobs In May Amid Inflation, Worker Shortages—U.S. employers added 390,000 jobs in May as hiring slowed modestly after a record string of gains amid high inflation, persistent worker shortages and rising interest rates.

Ruffner Page Tapped as President and COO of O’Neal Industries

May 24, 2022

O’Neal Industries (ONI) has appointed Ruffner Page as President and Chief Operating Officer effective June 1, 2022. He has served on ONI’s Board since 2016.