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…
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…
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…
As largely expected, inflation has surged this past month. The Consumer Price Index (CPI) grew 0.9% from February to March, with annual inflation at 3.3%. This is a drastic increase from the 0.3% increase seen in February, when annual inflation was 2.4%. Separately, another measure of inflation through the Personal Consumption Expenditures (PCE) price index…
In a rebound from February’s downcast numbers, a report from the Bureau of Labor Statistics on April 3 showed the U.S. economy gaining 178,000 jobs in March, with the unemployment rate sliding slightly to 4.3%. Job gains occurred in healthcare, construction and in transportation and warehousing. Federal government employment continued to decline. Average wages were…
In a report from the Bureau of Labor Statistics (BLS) on March 6, the U.S. economy lost 92,000 jobs in February, a month marred by severe winter weather. February was the third time in the past five months that payrolls declined, following a sharp revision showing a drop of 17,000 in December. As stocks sold…
The post Large Number of Job Losses in February Roil Economy appeared first on RISMedia.
U.S. housing supply continued to grow this past January, but the recovery lost momentum as inventory moved further away from pre-pandemic norms, according to Realtor.com®’s January Monthly Housing Report. These trends signal renewed supply constraints even as prices remained largely flat nationwide. Active listings increased 10% year-over-year, extending a streak of inventory gains to 27…
In a post on Truth Social, President Donald Trump claimed the American Dream of homeownership is slipping out of people’s reach, “especially younger Americans.” “It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress…
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…
| Older Posts |