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…
The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look at the reasoning behind the Fed’s rate hike. Based on…
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…
Following a not-so-rosy monthly report in August, 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, wasn’t much better news in September, fell by 6.7 points to 81.9, down from 88.6 in August. The Present Situation Index—based on consumers’…
The economy remains in what could be described as a complicated state as the latest indicators took a slight downturn in August, according to the latest data from nonprofit business research firm The Conference Board. The Leading Economic Index—an early indicator of where the economy is heading in the near term—decreased slightly in August by…
Inflation saw no unexpected moves as the Iran war keeps the situation elevated, according to the latest data from the Bureau of Labor Statistics. With this month’s Consumer Price Index (CPI) a key indicator for the upcoming Federal Reserve meeting, all eyes are on price pressures, which are simultaneously weighing on household budgets. The August…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Summer 2026 did not pick up speed as the industry had originally hoped when the year began, largely due to elevated inflation from the Iran war. However, some positive signs for the housing market might still…
The post Econ Review: A Look at August’s Key Market Data appeared first on RISMedia.
While the labor market briefly bowed under pressure this summer, August’s jobs numbers have “rebounded in a big way,” as characterized by Realtor.com® Senior Economist Jake Krimmel. The latest Employment Situation Summary from the Bureau of Labor Statistics saw the U.S. add 162,000 jobs in August, with the unemployment rate unchanged at 4.1%. Employment specifically…
Above, Fed Governor Christopher Waller As the Federal Open Market Committee’s (FOMC) next meeting quickly approaches, real estate professionals are closely monitoring Federal Reserve governors for any hints as to whether rates will remain the same or face increases. At Reuters NEXT Newsmaker Interview Thursday, Fed Governor Christopher Waller described his economic outlook and stated…
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