Inflation appeared to once again be on the right track for the Federal Reserve’s 2% goal, according to the latest data from the Bureau of Labor Statistics (BLS). However, economists are feeling uncertain about whether the trend will continue as the economy faces potential fallout from geopolitical issues—most notably, the war in Iran. The BLS’s…
As inflation and economic challenges continue to put pressure on the housing construction industry, rising construction costs may point to continued affordability challenges for homebuyers, according to the latest data. The Producer Price Index (PPI) from the Bureau of Labor Statistics released last week found that construction costs for single-family homes were up by 3.2%…
January appears to be looking up in terms of inflation as the latest data from the Bureau of Labor Statistics saw the Consumer Price Index (CPI) hit a low for both inflation and core inflation. The CPI for January saw a 0.2% increase in the all items index, landing annual inflation at 2.4%. This is…
The post Inflation Hits New Lows as 2026 Outlook Brightens appeared first on RISMedia.
On the heels of the decision from the Federal Reserve’s Open Market Committee (FOMC) to hold interest rates steady, the latest Bureau of Labor Statistics data appears to support the decision as jobs and unemployment saw improvement in January. The latest Employment Situation Summary—aka the jobs report—saw the U.S. add 130,000 jobs in January, and…
Private sector employment increased by 22,000 jobs in January and pay was up 4.5% year-over-year, according to the January ADP National Employment Report, produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”). The report is an independent measure of the labor market based on the anonymized weekly payroll data of…
Americans from all walks of life are feeling heightened anxiety about their finances — and that could dampen the housing market’s recovery, according to a new survey from Bright MLS. The survey of more than 3,300 adults found that a majority of Americans are worried about money across the board. However, this concern is felt…
Despite a hopeful moment of decline in November, inflation looks to be stagnant in December, remaining paused from hitting the Federal Reserve’s 2% goal, according to the latest Bureau of Labor Statistics data. The Consumer Price Index (CPI) for December saw a slight increase of 0.3% for the all items index, landing at 2.7% annual…
In a Jan. 9 report on job growth from the Bureau of Labor Statistics (BLS), U.S. employers added 50,000 jobs in December, with the unemployment rate at 4.4%, according to the latest release. Employment continued to trend up in food services and drinking places, healthcare and social assistance. Job losses occurred in retail trade. The…
The Federal Reserve has maintained that a 2% annual inflation rate is its goal. After months of inflation moving back up due to factors such as tariffs, reversing what looked like a slow but steady descent to 2%, the latest Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS) saw a reversal…
The post Inflation Lower Than Expected After Months of Inching Up appeared first on RISMedia.
The labor market continued to see growth in November, although with little net change since April, and the unemployment rate had little change from September, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS), delayed due to the government shutdown. The latest jobs report saw employment grow by 64,000…