Consumer attitudes toward the economy reversed course as sentiment fell by nearly 8% so far for August. The University of Michigan’s monthly preliminary consumer sentiment survey reported a sharp decline. On a month-over-month basis, consumer sentiment dropped by 7.6%, ending the nation’s two-month streak of consecutive growth. The decline is more severe on an annual…
As many Americans blasted their ACs and took to the roads for summer vacations in July, the cost of energy decreased slightly while inflation overall rose slowly. For the month of July, the Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) increased slightly by 0.1% on a seasonally adjusted basis. This…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. As the first half of 2026 has come to a close, the larger expectations for the housing market may not necessarily have been met, but optimism remains. 2026 was originally expected to be a year of…
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Inflation cooled in June according to the latest data from the Bureau of Economic Analysis (BEA), meeting economists’ expectations for the month. However, the trend may not continue as the Iranian conflict persists. The Personal Consumption Expenditures (PCE) price index slipped 0.1% month-over-month in June, a reversal of the 0.7% jump seen in May. This…
Up and down, up and down. Like a yo-yo dieter’s weight, consumer confidence in the U.S. seems to maintain a consistent pattern. It rose in June when tensions in the Middle East seemed to abate, following a dip in May, likely due to the war with Iran heating up. A ceasefire this past April had…
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Housing has spent 2026 running in place, and Zonda Chief Economist Ali Wolf doesn’t expect the picture to change much before 2027. Wolf delivered the national portion of Zonda’s third quarter housing market forecast webinar on Tuesday, saying that existing- and new-home sales are tracking essentially flat with 2025, with the firm now calling 2026…
As 2026 moves forward amid rising inflation and a fairly soft labor market, are leading indicators pointing to a better near-term economy? The nonprofit research firm The Conference Board’s latest monthly Leading Economic Indicators report found a slight decline as the Board’s Leading Economic Index hit 99.1 in June, a 0.2% downturn compared to the…
Across the first half of 2026, numerous economic reports revealed high or rising inflation. Some officials of the Federal Reserve, which remains focused on bringing inflation down, have suggested that interest rate hikes could be necessary if inflation does not fall. The latest data from the Consumer Price Index (CPI), maintained by the U.S. Bureau…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. As we move into summer and prepare to see the compounded data of the first half of 2026, the picture the housing market and economy paint is that of continued complications. While some indicators remain better…
The post Econ Review: A Look at June’s Key Market Data appeared first on RISMedia.
Job growth trended downward and came in below expectations in June, per the latest findings from the U.S. Bureau of Labor Statistics. This adds another data point as the Federal Reserve moves to consider adjusting interest rates in coming months; in previous months, the Fed has been caught between both rising inflation and a weak…
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