Daily Rate Update: May 11th-15th

Daily Rate Update: May 11th-15th

Friday – May 15, 2020 The pandemic induced shutdown put a big dent in retail stores across the nation with no sector left undamaged. April Retail Sales fell a record 16.4%, worse than the -12% expected. Gas stations, as well as restaurants and bars, were also...
Daily Rate Update: May 4th-8th

Daily Rate Update: May 4th-8th

Friday – May 8, 2020 This morning, the Bureau of Labor Statistics reported the worst Non-Farm Payrolls report in U.S. history for April. Non-Farm Payrolls showed 20.5 million Americans lost their jobs last month while the Unemployment Rate soared to 14.7% with...