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.
Editor’s note: this is part one of a two-part series—look for part two in our upcoming newsletters. 2025 was another whirlwind year for real estate, with industry professionals facing ups, downs and everything in between. The industry saw a lot of major developments, and it can be hard to keep track of everything—from historical tariffs…
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…
The recent government shutdown—coupled with economic uncertainty due to tariffs and rising construction costs—has kept builder sentiment down this month, according to data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) found that builder sentiment rose only one point to 38 in November, remaining in the negative…
Without an end in sight for the government shutdown, consumer sentiment is reflecting that uncertainty, according to the latest data from the University of Michigan. The preliminary results for the Index of Consumer Sentiment came in at 50.3, down 6.2% from October’s reading of 53.6. Year-over-year, there was a 29.9% drop from 71.8 in November…
Federal Reserve Governor Lisa Cook pointed to tariffs as the cause of a recent rise in inflation data during a Nov. 3 speech on economic outlook and monetary policy. During her speech, Cook noted the rise in inflation as of the September PCE report, which saw annual inflation hit “significantly” above the Fed’s 2% inflation…
The government remains shut down, and at least in some areas, housing markets are starting to show “early signs” of slowing activity, according to Realtor.com®’s October 2025 Monthly Housing Trends Report, which found that markets with the highest numbers of federal employees see “modest” impacts. “At this stage, the housing market effects of the federal…
Consumer reports of economic confidence are mixed in October as the government shutdown and other economic challenges persist. The latest Consumer Confidence Index from The Conference Board found that confidence fell by one point to 94.6 in October, down from an upwardly revised 95.6 in September. Stephanie Guichard, senior economist of Global Indicators at The…
A federal judge yesterday temporarily blocked the Trump administration from laying off thousands more workers during an ongoing government shutdown, including around 442 from the Department of Housing and Urban Development (HUD). Granting a request in a lawsuit by federal labor unions, Judge Susan Illston in the Northern District of California cited President Donald Trump’s…
As the government shutdown reaches day 14, the future remains uncertain. Although the Senate is set to reconvene today to vote on a Republican short-term spending measure, the fact that this is the eighth vote on the matter with little movement on stances from lawmakers has left much to be desired in terms of a…
| Older Posts |