US Strategy Update: The Economy Finally Begins To Put Upward Pressure On Interest Rates

Workers typically don’t quit their job without an expectation of getting a better higher paying one and the number of quits has continued to trend higher over the past year with the largest rises concentrated in higher paying sectors such as durable goods manufacturing, finance & insurance and health care. The trend in quits and the surge in job openings bode well for a rise in real income.

CGI 150616 Strategy Update_US