Inflation picked up speed in October, as the latest Consumer Price Index (CPI) from the Bureau of Labor Statistics (BLS) accelerated faster than predictions from economists. The October CPI saw the all-items index grow 0.4%, a slight decrease from last month’s 0.6% rise, but “hotter than expected,” according to Navy Federal Chief Economist Heather Long.…
A day after the stock market hit the skids big-time, there was good news on the employment front. U.S. employers hired at a vigorous pace in October, adding 165,000 jobs, way above the 65,000 forecast, while the unemployment rate lowered slightly to 4.1% from 4.2%. The report from the U.S. Bureau of Labor Statistics shows…
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Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. As the winter slowdown draws closer, the housing market remains in a sticky spot as the economy continues to face challenges trickling down from the Iran War. Now moving toward the end of 2026, the question…
The post Econ Review: A Look at October’s Key Market Data appeared first on RISMedia.
Despite the Federal Reserve’s decision not to raise rates yesterday, the latest data from the Bureau of Economic Analysis (BEA) still showed a 0.5% month-to-month increase in inflation as measured by the Personal Consumption Expenditures (PCE) price index, 0.2% higher than the increase in August. The PCE index has enjoyed a reputation as the Fed’s…
Following a glum monthly report in August and a similar one in September, nonprofit research firm The Conference Board’s Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, finally had some good news. The Index rose by 7.5 points to 91.7 in October, up from…
Consumer’s economic expectations remain muted for another month as the Iran War continues to hold the economy back, according to the latest data from the University of Michigan. University of Michigan’s latest Consumer Sentiment Index found that sentiment fell only 0.1 points in October, shifting ever so slightly from 48.1 in September to 48 in…
Leading economic indicators in the month of September stayed essentially “flat,” according to an Oct. 22 press release from business research firm The Conference Board. The Leading Economic Index (LEI), a measure of where the economy is headed based on 10 component indicators, remained at 99.6 (assuming a 100-point baseline equivalent to 2016 economic conditions)…
Despite the Federal Reserve’s attempts to combat inflation, the latest data from the U.S. Bureau of Labor Statistics (BLS) reveals that such progress may be minor, or nonexistent. The September CPI report saw a 0.6% monthly increase, with annual inflation gaining traction once again at 3.7%. The latest data is up from August’s report, which…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Typically, the real estate industry enters a slower period as the end of the year approaches. The cold seasons bring a deceleration in sales and other activity, and September ushers in the transition period between the…
Unemployment continues to remain steady around the 4% range, according to the Bureau of Labor Statistics (BLS). The latest Employment Situation Summary from the BLS reports that the unemployment rate grew slightly—but not dramatically—to 4.2%, with the addition of 29,000 jobs. Previously, the unemployment rate sat at 4.1% for August. Categories like construction and manufacturing…
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