9/11: MetroIntelligence Econ Update, P.DUFFY

August job growth rose sharply to 201,000, unemployment rate remained unchanged at 3.9 percent

Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate remained unchanged at 3.9 percent.  This rate of job growth compares with 147,000 in July and 221,000 in August of 2017.

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2Q18 services revenue up 3.2 percent from 1Q and 5.3 percent year-on-year

U.S. selected services total revenue for the second quarter of 2018, not adjusted for seasonal variation or price changes, was $3,863.4 billion, an increase of 3.2 percent from the first quarter of 2018 and up 5.3 percent from the second quarter of 2017.

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