Welcome to Monday Motivation and Economic Update. I'm sending this to you as you've requested information about the real estate market in Beverly Hills. The update will give you an overall feel for the economy and how it impacts our local market. Economic update for the week ending September 7, 2019 130,000 new jobs added in August – The Bureau of Labor Statistics reported that U.S. employers added 130,000 new jobs in August. That figure was below analysts expectations of 160,000. The unemployment rate held steady at 3.7%. Average hourly wages grew 3.2% from last August. Stock markets higher this week – News that China and the U.S. scheduled trade negotiations in October in Washington helped
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