Below, you’ll find linked Elser Financial Planning’s 2nd Quarter Newsletter for your consideration.
Elser Financial is soon moving to a new office! Look for an email confirming the exact date of our move to the building next door.
The economy has remained resilient through 2026, despite ongoing supply chain disruptions and geopolitical uncertainty. US Real Gross Domestic Product (GDP) expanded in the first quarter, while business-to-business spending climbed to record highs. Consumers are resilient and continue to support economic growth even as prices have accelerated, particularly for energy.
The February jobs report showed further signs of labor market softening, with the economy shedding 92,000 jobs and unemployment rising from 4.3% to 4.4%. Nine of eleven sectors posted job losses, as the figure fell well short of expectations for a gain of 55,000 jobs.