Monday, August 4, 2014 – 09:00 a.m.
Here’s some news flowing across the transom from the week of August 28, 2014. In case you missed it!
U.S. Gross Domestic product climbs 4.0% in Q2
The second quarter initial reading on U.S. Gross Domestic Product (GDP) came in at a healthy 4.0%.
But a big chunk of that gain was in inventory buildup.
We’ll see what the revised numbers look like.
Unemployment rate climbs to 6.2%
The unemployment rate ticked up to 6.2% with just over 200,000 created in July.
The rate climb was due to a drop in people actively seeking work.
Derry for Redlands City Council?
Facebook chatter has former San Bernadino City Council Member and County Supervisor Neil Derry mulling over a run for the Redlands City Council.
It is an interesting idea for discussion down the road.