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Michael Chad Smith

Michael Chad Smith

Senior Loan Officer
Movement Mortgage
NMLS ID # 397711
100 Pavilion Way, Ste D, Southern Pines, NC 28387
Dial Phone Number
p: (336) 207-8466
f: (336) 306-5089
Send E-mail to
e: chad.smith@movement.com

Market Update

Side view of tall buildings

November 2, 2018

Wages and salaries jump, bolstering inflation concerns

A better-than-expected jobs report from the Bureau of Labor statistics has only increased concern about inflation. Wages and salaries rose by 3.14 percent over the last year, an increase not seen since April of 2009.

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Michael Chad Smith
Michael Chad Smith
Senior Loan Officer
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100 Pavilion Way, Ste D, Southern Pines, NC 28387
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NMLS # 397711

State License #NC-I-151386