Raymond Nash
CEO & Principal
Cornerstone Consulting Group, LLC
E-Alert: Q1 Economic Update
The US economy followed a relatively static Q4 2015 with an equally static Q1 2016. The
national unemployment rate started the quarter at 4.9%, but rose 2% through March
2016, ending Q1 2016 where it ended Q4 2015, at 5.0%. According to the BLS, total
nonfarm payroll saw increases of 151,000, 242,000, and 215,000 in January, February,
and March, respectfully. Through March 2016, the labor force participation rate is 63%, up 0.6% since September.

Commonly watched stock markets and indexes moved in different directions over Q1 2016, though movement was limited. During Q1 the Dow Jones increased 1.6%; the S&P 500 increased 1.06%; the NASDAQ Composite decreased 0.57%; the Russell 2000 decreased 1.77%; and the NYSE Composite increased 1.87%.
     
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