First Business Bank Quarterly Market Review
The economic recovery remained on track through the third quarter as macro data continues to improve and business and consumer confidence gains momentum. The unprecedented level of monetary and fiscal stimulus will continue to backstop economic growth in the foreseeable future.

Following the historic drop in GDP of -31.4% in the second quarter, we are likely to see a huge rebound in the neighborhood of 20-30% for the third quarter. The number of unemployed continued to fall in September with the rate dipping lower to 7.9%. Market returns were positive for the quarter, although less so than the major market rebound in Q2. Read the full report in our latest Quarterly Market Review. At the link...

Ken Notes: A lot of good data here especially in the area of GDP. This will impact the industry, but remember there are pockets of growth to be found in the carnage. Packaging is clearly one of these areas as well as personal protection and advancements in printing. Again a strong sector for the Wisconsin economy.

- - Volume: 8 - WEEK: 43 Date: 10/21/2020 9:23:50 AM -