Inflation Continues to Decline but Remains Too High

The rate of inflation has continued on a downward trend since the summer, yet it remains too high for the Federal Reserve’s liking, meaning further interest rate hikes are to be expected. For the year ending in February, the Consumer Price Index (CPI) rose 6%, a decrease from January’s year […]

U.S. Home Prices Continued to Slow in December

The decline in U.S. home prices that began in June last year continued for the sixth straight month at the end of 2022, with higher mortgage rates weighing down December’s home price gains. Tuesday morning’s S&P Case-Shiller report showed that the National Composite declined -0.8% month-over-month in December and now […]

Slight Ease in Inflation is Not Enough

The rate of US inflation is continuing to cool but not at a quick enough rate to change the Fed’s planned course of action. The Consumer Price Index (CPI) increased 6.4% in January over the last 12 months, according to the latest report released last week by the Bureau of […]

After a Year-End Struggle, Retail Sales Came Roaring Back in January

U.S. retail sales rebounded in January after a disappointing holiday season, indicating that the economy remains resilient despite fears of an oncoming recession. The Monthly Retail Sales Report, released by the U.S. Department of Commerce, recorded an increase of 3% in sales from December 2022 to January 2023. Consumers spent […]

Five Things to Watch in the April CPI Report

The Bureau of Labor Statistics will release its April CPI report on Wednesday, offering some insights into the US inflation picture. Economists surveyed by Bloomberg expect headline inflation will have risen 8.1% from April 2021 to April 2022.  Here are five things to watch in the monthly report out Wednesday […]

Five Things To Watch in the March Trade Balance Report

The U.S. trade deficit in goods and services is expected to have hit a fresh high in March at $107 billion, potentially setting the stage for a further cooldown in economic growth. Here is what to watch in the March trade balance report, set for release by the Bureau of […]

5 Things to Watch in the March Personal Income Report

The Commerce Department will release its personal income and outlays report on Friday, which includes economic temperature checks like consumer spending and inflation.  Analysts expect that consumer spending increased 0.6% in March, an uptick from the previous month, as demand remains high despite precipitous price increases. Increased consumer spending indicates […]