Economic Update - August 2018

Despite concerns of a looming trade war, the U.S. economy continues to show strength. In July, the U.S. added 157,000 jobs and the unemployment rate fell to 3.9 percent. Second quarter economic growth also improved to the highest level in four years. When looking regionally, many states in the Western U.S. continue to lead the nation in terms of economic and population growth. In July, four of the top five states in terms of employment growth were in the Western U.S., with Utah and Idaho taking the top two spots.

Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank, as we discuss the current economic conditions.

Not all content on this page originates from Zions Bank. Links on this page may redirect you to other websites with different levels of privacy and security from Zions Bank. Zions Bank does not endorse or guarantee the privacy, security, accuracy, or performance of those sites, or the information, products, or services expressed or offered on those sites.

Content is offered for informational purposes only and should not be construed as tax, legal, financial or business advice. Please contact a professional about your specific needs and advice. Content may contain trademarks or trade names owned by parties who are not affiliated with Zions Bancorporation, N.A. Use of such marks does not imply any sponsorship by or affiliation with third parties, and Zions Bancorporation, N.A. does not claim any ownership of or make representations about products and services offered under or associated with such marks.