` Unemployment and Income Numbers Paint A Murky Picture Of U.S. Economy

Unemployment and Income Numbers Paint A Murky Picture Of U.S. Economy

on Sep 02, 2013 in Fox News, Media Center by Ed Butowsky | No Comments »


A new labor department report painting a fairly rosy picture of the U.S. economy. It says the four week average of the number of Americans seeking unemployment benefits fell for the sixth week in a row. The number now sits at just over 330,000 the lowest for the average since November 2007. However, another report shows since the end of the recession the average household income has fallen to 4.4% to around $52,098. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to examine what these reports from the labor department show and tell about the U.S. economic recovery.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
 


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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 25 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225