The economy added a better than expected 225,000 jobs in January and with revisions to the two prior months, the three-month average is 211,000, a strong showing for the eleventh year of an expansion.
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Tensions are escalating over the spread of China’s coronavirus outbreak and how it might dent economic growth. At this point, we simply don’t know the lasting impact, but there is likely to be at least a short-term effect, which could cause ripples that are worth monitoring.
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