[infogram id=”8d31b75e-0846-4711-8d55-95cefbac555d” prefix=”2fx” format=”interactive” title=”JOLTS VS UNEMPLOYED 05022024″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings fell from 8.8 million in February to 8.5 million in March, below consensus of 8.7 million. There are 1.1 million fewer job openings than March 2023. In March, […]
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HOME PRICES TREND EVEN HIGHER IN FEBRUARY
[infogram id=”ab9e1816-b994-4ae9-bb4e-bd067c02c1cd” prefix=”tRS” format=”interactive” title=”S&P HOME PRICE INDEX 04302024″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 6.4% in the year that ended in February, up from 6.0% in January. The 20-City Composite posted a year-over-year increase of 7.3%, up […]
Read MoreCORE PRICES TICKED UP IN MARCH
[infogram id=”d4375811-1f14-4cbf-8306-becbddcc384f” prefix=”rQ6″ format=”interactive” title=”PERSONAL SPENDING 04262024″] Key Points: U.S. consumer spending rose by 0.8%, or $160.9 billion, in March, the same reading as February. Personal income increased by 0.5%, or $122.0 billion, in March, after rising 0.3% in February. The overall personal consumption expenditures price index rose 0.3% in March and is up 2.7% […]
Read MoreNEW HOME SALES SURGED IN MARCH
[infogram id=”1bb8dc27-462e-43c3-882a-97714b3f3847″ prefix=”qit” format=”interactive” title=”NEW HOME SALES 04252024″] Key Points: New home sales rose 8.8% in March from February to a seasonally adjusted 693K. New home sales were 8.3% higher than March 2023. The median sales price of new houses sold in March was $430,700 and the average sales price was $524,800. The Right Facts […]
Read More29 STATES HAVE HIGHER UNEMPLOYMENT RATES THAN LAST YEAR
[infogram id=”7b7dabd7-adcc-4666-a6e7-c8f14baa2d62″ prefix=”J9L” format=”interactive” title=”MARCH STATE LEVEL EMPLOYMENT 04192024″] Key Points: Unemployment rates rose in one state, fell in six, and remained stable in 43 states and the District of Columbia in March. The U.S. unemployment rate fell 0.1% to 3.8% in March but is 0.3% higher than last year. In total, 23 states had […]
Read MoreHOME SALES SLUMPED IN MARCH, PRICES HIT NEW RECORD
[infogram id=”f464e141-ac07-443e-b874-1d9d8ce0b248″ prefix=”Clj” format=”interactive” title=”EXISTING HOME SALES SCORECARD 04182024″] Key Points: Existing-home sales fell 4.3% in March from February, to a seasonally adjusted annual rate of 4.19 million. Existing-home sales fell 3.7% from one year ago. The median existing-home sales price for March rose 4.8% from one year ago to $393,500 for the ninth consecutive […]
Read MoreU.S RETAIL SALES EXCEED ESTIMATES
[infogram id=”c8d75310-8dd4-4156-b9e8-7d55d2f4fba1″ prefix=”bPR” format=”interactive” title=”RETAIL SALES 04152024″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.7% in March from February, well above consensus of 0.3%. Excluding autos, retail sales rose by 1.1% over the month, well above expectations of 0.4%. Retail sales were 4.0% above March 2023 but CPI […]
Read MoreREAL WAGES STILL DOWN 2.5% UNDER BIDEN
[infogram id=”5e4e2bd4-92da-46b6-8bde-53d69f4dc4e7″ prefix=”qP1″ format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 04122024″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreINFLATION TICKS UP IN MARCH, CORE PRICES REMAIN HIGH
[infogram id=”16bee34c-f3c5-44c3-a85a-13a4b49956d0″ prefix=”f5f” format=”interactive” title=”MARCH CPI V2 04102024″] Key Points: The Consumer Price Index (CPI) rose 0.4% in March, the same reading as February. CPI increased 3.5% from a year ago, up from 3.2% in February, and above consensus of 3.4%. The index for shelter rose 0.4% and the energy index rose 1.1% over the […]
Read MoreHIRING ACCELERATED IN MARCH
[infogram id=”f29c3c56-a866-4372-b1b0-28eef93ba819″ prefix=”7Rx” format=”interactive” title=”MARCH JOBS DAY V2 04042024″] Key Points: Total nonfarm payroll employment rose by 303,000 in March and the unemployment rate fell 0.1% to 3.8%. Consensus among economists was a gain of 200,000 jobs. The change in total nonfarm payroll employment for January was revised up by 27,000, from +229,000 to +256,000, […]
Read MoreJOB OPENINGS ROSE TO 8.8 MILLION IN FEBRUARY, JANUARY REVISED DOWN
[infogram id=”119a1d9b-7b61-4098-b4db-1b6a727f272c” prefix=”OSs” format=”interactive” title=”JOLTS VS UNEMPLOYED 04022024″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings rose modestly to 8.8 million in February, slightly above consensus of 8.7 million. In February, job openings increased in finance and insurance (+126,000); state and local government, excluding […]
Read MoreCONSUMERS SPENDING MORE, MAKING LESS
[infogram id=”e410ab91-9fb5-442a-9c1f-5ac3969fe465″ prefix=”3AE” format=”interactive” title=”PERSONAL SPENDING 03292024″] Key Points: U.S. consumer spending rose by 0.8%, or $145.5 billion, in February, after rising 0.2% in January. Personal income increased by 0.3%, or $66.5 billion, in February, after rising 1.0% in January. The overall personal consumption expenditures price index rose 0.3% in February and is up 2.5% […]
Read MoreHOUSING PRICES CONTINUE TO TREND UPWARD
[infogram id=”47c7941d-f555-44cb-af35-42c4c8755c4a” prefix=”sUa” format=”interactive” title=”S&P HOME PRICE INDEX 03272024″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 6.0% in the year that ended in January after rising 5.6% in December. The 20-City Composite posted a year-over-year increase of 6.6%, up […]
Read MoreCALIFORNIA SURPASSES NEVADA FOR HIGHEST UNEMPLOYMENT RATE IN FEBRUARY
[infogram id=”a79f5d12-4e31-4a3f-8d81-80f184f8f7b2″ prefix=”Gav” format=”interactive” title=”FEBRUARY STATE LEVEL EMPLOYMENT 03222024″] Key Points: Unemployment rates rose in three states, fell in three, and remained stable in 44 states and the District of Columbia in February. The U.S. unemployment rate rose 0.2% to 3.9% in February. In total, 22 states had unemployment rates lower than the U.S. figure […]
Read MoreU.S. RETAIL SALES ROSE IN FEBRUARY BUT MISSED EXPECTATIONS
[infogram id=”3f66c182-9678-4996-b65e-cdb54c803a0a” prefix=”kZT” format=”interactive” title=”RETAIL SALES 03192024″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.6% in February from January, below consensus of 0.8%. Excluding autos, retail sales rose by 0.3% over the month, below expectations of 0.4%. Retail sales were 1.5% above February 2023 but CPI data released […]
Read MoreREAL WAGES HAVE FALLEN 2.5% UNDER BIDEN
[infogram id=”8095d59b-4ac9-4f76-aa0d-f4eb41ea771f” prefix=”TXx” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 03122024″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreINFLATION RISES TO 3.2%, ABOVE EXPECTATIONS
[infogram id=”66f2c404-1a8b-4880-aba6-b27debab3ff0″ prefix=”b4O” format=”interactive” title=”FEBRUARY CPI V2 03122024″] Key Points: The Consumer Price Index (CPI) rose 0.4% in February after rising 0.3% in January. CPI increased 3.2% from a year ago, up from 3.1% in January, and above consensus of 3.1%. The index for shelter rose 0.4% and the energy index rose 2.3% over the […]
Read More25 STATES HAD UNEMPLOYMENT RATE INCREASES IN LAST YEAR
[infogram id=”cfd7d351-544d-464a-b7d2-4eaefb34bb87″ prefix=”Ebs” format=”interactive” title=”JANUARY STATE LEVEL EMPLOYMENT 03112024″] Key Points: Unemployment rates rose in four states, lower in two, and remained stable in 44 states and the District of Columbia in January. The U.S. unemployment rate was unchanged at 3.7% in January. In total, 16 states had unemployment rates lower than the U.S. figure […]
Read MoreU.S. ADDED 275K JOBS IN FEBRUARY, UNEMPLOYMENT RATE ROSE TO 3.9%
[infogram id=”56de393b-0d90-43a8-b2db-9c447d775535″ prefix=”WpR” format=”interactive” title=”FEBRUARY JOBS DAY V2 03082024″] Key Points: Total nonfarm payroll employment rose by 275,000 in February and the unemployment rate rose 0.2% to 3.9%. Consensus among economists was a gain of 200,000 jobs. The change in total nonfarm payroll employment for December was revised down by 43,000, from +333,000 to +290,000, […]
Read MoreJOB OPENINGS STABLE BUT REMAIN HIGH
[infogram id=”5fe7b000-9ff7-46a6-b45b-c67358318fbf” prefix=”nxC” format=”interactive” title=”JOLTS VS UNEMPLOYED 03072024″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings were little changed at 8.86 million in January, slightly below consensus of 8.90 million. Over the month, job openings increased in nondurable goods manufacturing (+82,000) but decreased in […]
Read MoreFED’S PREFERRED INFLATION GAUGE TICKED UP IN JANUARY
[infogram id=”bddf4813-74c3-437b-af36-38805af8b8ba” prefix=”sYs” format=”interactive” title=”PERSONAL SPENDING 03052024″] Key Points: U.S. consumer spending rose by 0.2%, or $43.9 billion, in January, after rising 0.7% in December. Personal income increased by 1.0%, or $233.7 billion, in January, after rising 0.3% in December. The overall personal consumption expenditures price index rose 0.3% in January and is up 2.4% […]
Read MoreREAL WAGES HAVE FALLEN 2.1% UNDER BIDEN
[infogram id=”c9c15872-31e3-4263-94f4-0893645373c0″ prefix=”MVg” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 02162024″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreU.S. SHOPPERS CUT BACK IN JANUARY
[infogram id=”4e99253f-fb41-4905-9f06-def7125019df” prefix=”WJs” format=”interactive” title=”RETAIL SALES 01172024″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, fell 0.8% in January from December after increased spending for the holiday season. The change for December was revised down from a 0.6% gain to 0.4%. Excluding autos, retail sales fell by 0.6% over the […]
Read MoreINFLATION HIGHER THAN EXPECTED IN JANUARY, PRICES UP 3.1% IN LAST YEAR
[infogram id=”913d4325-9f4c-48df-8427-91069065f8e2″ prefix=”dbk” format=”interactive” title=”JANUARY CPI V2 02132024″] Key Points: The Consumer Price Index (CPI) rose 0.3% in January after rising 0.2% in December. CPI increased 3.1% from a year ago, down from 3.4% in December, but above consensus of 2.9%. The index for shelter rose 0.6%, the index for food rose 0.4%, and the […]
Read MoreU.S. ADDED 353K JOBS IN JANUARY
[infogram id=”d1b265b1-965c-4928-bb57-fa9f1309af5f” prefix=”1KW” format=”interactive” title=”JANUARY JOBS DAY V2 02022024″] Key Points: Total nonfarm payroll employment rose by 353,000 in January and the unemployment rate was unchanged at 3.7%. Consensus among economists was a gain of 185,000 jobs. The change in total nonfarm payroll employment for November was revised up by 9,000, from +173,000 to +182,000, […]
Read MoreHOME PRICES ACCELERATED IN NOVEMBER
[infogram id=”c4a5f597-7f0c-4cb0-8ee2-99c513e708cb” prefix=”p6b” format=”interactive” title=”S&P HOME PRICE INDEX 01312024″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 5.1% in the year that ended in November after rising 4.7% in October. The 20-City Composite posted a year-over-year increase of 5.4%, up […]
Read MoreJOB OPENINGS UNEXPECTEDLY RISE TO HIGHEST IN THREE MONTHS
[infogram id=”c0c9d987-fae8-48b4-a281-06bcec4f3422″ prefix=”jJ0″ format=”interactive” title=”JOLTS VS UNEMPLOYED 01302024″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings ticked up to 9.0 million in December, above consensus of 8.75 million, and the highest since September. Over the month, job openings increased in professional and business services […]
Read MoreINFLATION REMAINS MODERATE WHILE CONSUMERS KEEP SPENDING
[infogram id=”7eb768db-512b-4675-bb4f-16749c548c2c” prefix=”Ita” format=”interactive” title=”PERSONAL SPENDING 01262024″] Key Points: U.S. consumer spending rose by 0.7%, or $133.9 billion, in December, after rising 0.4% in November. Personal income increased by 0.3%, or $60.0 billion, in December, after rising 0.4% in November. The overall personal consumption expenditures price index rose 0.2% in December and is up 2.6% […]
Read MoreDECEMBER NEW HOME SALES RISE AFTER NOVEMBER’S DROP
[infogram id=”e1e0ec49-6f8c-411f-b7cf-a4592a4e79c4″ prefix=”Dtz” format=”interactive” title=”NEW HOME SALES 01252024″] Key Points: New home sales rose 8.0% in December from November to a seasonally adjusted 664K. New home sales were 4.4% higher than December 2022. An estimated 668K new homes were sold in 2023. This is 4.2% above the 2022 figure of 641K. The median sales price […]
Read MoreDECEMBER UNEMPLOYMENT RATE ROSE IN 15 STATES
[infogram id=”559b6926-c32f-439e-a6e8-faed4fdaf0c4″ prefix=”l5t” format=”interactive” title=”DECEMBER STATE LEVEL EMPLOYMENT 01232024″] Key Points: Unemployment rates rose in 15 states, fell in one, and remained stable in 34 states and the District of Columbia in December. The U.S. unemployment rate was unchanged at 3.7% in December. In total, 16 states had unemployment rates lower than the U.S. figure […]
Read More2023 HOME SALES LOWEST SINCE 1995
[infogram id=”d88f9f40-0627-4b27-b733-0c33508b572d” prefix=”b7a” format=”interactive” title=”EXISTING HOME SALES SCORECARD 01182024″] Key Points: Existing-home sales fell 1.0% in December from November, after rising in November, to a seasonally adjusted annual rate of 3.78 million. On an annual basis, existing-home sales (4.09 million) dropped to the lowest level since 1995, while the median price reached a record high […]
Read MoreRETAIL SALES JUMP IN DECEMBER AMID STRONG HOLIDAY SEASON
[infogram id=”4e99253f-fb41-4905-9f06-def7125019df” prefix=”WJs” format=”interactive” title=”RETAIL SALES 01172024″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.6% in December from November due to an increase in spending for the holiday season. Excluding autos, retail sales rose by 0.4% over the month. Retail sales were 5.6% above November 2022, above CPI […]
Read MoreREAL WAGES HAVE FALLEN 2.6% UNDER BIDEN
[infogram id=”e8d17217-18d5-482d-ac97-fd316f39176f” prefix=”Xyc” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 01112024″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreINFLATION ROSE IN DECEMBER AFTER COOLING MOST OF 2023
[infogram id=”acfc59db-ddef-42fc-a2c2-04b58e338e46″ prefix=”OoG” format=”interactive” title=”DECEMBER CPI V2 01112024″] Key Points: The Consumer Price Index (CPI) rose 0.3% in December after rising 0.1% in November. CPI increased 3.4% from a year ago, up from 3.1% in November. The index for shelter rose 0.5%, the energy index rose 0.4%, and the index for food rose 0.2% over […]
Read MoreREVISIONS ERASED 443K JOBS FROM HEADLINE REPORTS IN 2023
[infogram id=”744d0105-a4a4-4a4c-bc35-946a6997d896″ prefix=”dhG” format=”interactive” title=”JOBS REVISIONS 01082024″] Key Points: Revisions to monthly job gains have erased 443K job gains from January to November 2023. Total jobs added from January to November were revised down from 2.9M to 2.4M, a 15.2% decline. June had the highest downward revision from 209K to just 105K, a nearly 50% […]
Read MoreU.S. ADDED 216K JOBS IN DECEMBER, REVISIONS CUT GAINS FROM PREVIOUS MONTHS
[infogram id=”5deb4fd2-1b57-4e0d-b10c-da0ca3d53678″ prefix=”X2F” format=”interactive” title=”DECEMBER JOBS DAY V2 01052024″] Key Points: Total nonfarm payroll employment rose by 216,000 in December and the unemployment rate was unchanged at 3.7%. Consensus among economists was a gain of 170,000 jobs. Employment growth is below the average monthly gain of 225,000 over the prior 12 months. The change in […]
Read MoreJOB OPENINGS FELL TO LOWEST LEVEL SINCE 2021
[infogram id=”491b6a1d-2b8f-4a89-8b0e-69dc5126a46c” prefix=”7ur” format=”interactive” title=”JOLTS VS UNEMPLOYED 01042024″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work, but that gap is tightening. Job openings changed little at 8.8 million in November, below consensus of 8.85 million, and the lowest level since March 2021. Over the month, job […]
Read MoreU.S. HOME SALES ROSE IN NOVEMBER, PRICES ROSE 4% IN LAST YEAR
[infogram id=”f04afa70-ae1f-4fdb-9401-d0941294879f” prefix=”RRE” format=”interactive” title=”EXISTING HOME SALES SCORECARD 12202023″] Key Points: Existing-home sales rose 0.8% in November from October, after five-months of consecutive declines, to a seasonally adjusted annual rate of 3.82 million. November’s increase come after sales in October fell to the lowest rate in 13 years, dating back to August 2010. Existing-home sales […]
Read MoreREAL WAGES STILL DOWN 2.8% UNDER BIDEN
[infogram id=”39af65a0-1b19-46f5-9e05-d3d75898c8cb” prefix=”jKe” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 12152023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreU.S. RETAIL SALES REBOUND IN NOVEMBER AMID HOLIDAY SEASON
[infogram id=”a9e248a4-5389-4466-a4cf-58596a3e29d2″ prefix=”vZ1″ format=”interactive” title=”RETAIL SALES 12142023″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.3% in November from October due to an increase in spending for the holiday season. The change in October from September was revised down to -0.2%. Excluding autos, retail sales rose by 0.2% over […]
Read MoreINFLATION REMAINS STUBBORNLY HIGH IN NOVEMBER
[infogram id=”5772227d-aaef-46f9-bb3a-7e90c54310dc” prefix=”Bel” format=”interactive” title=”NOVEMBER CPI V2 121223″] Key Points: The Consumer Price Index (CPI) rose 0.1% in November after no change in October. CPI increased 3.1% from a year ago, down from 3.2% in October. The index for shelter continued to rise in November, offsetting a decline in the gasoline index. The index for […]
Read MoreU.S. HIRING CONTINUES TO SLOW, ADDS 199K JOBS IN NOVEMBER
[infogram id=”34424d1d-c345-477f-9ee7-99e41c41b815″ prefix=”InB” format=”interactive” title=”NOVEMBER JOBS DAY V2 12082023″] Key Points: Total nonfarm payroll employment rose by 199,000 in November and the unemployment rate edged down to 3.7%. Consensus among economists was a gain of 180,000 jobs. Employment growth is below the average monthly gain of 240,000 over the prior 12 months. The change in […]
Read MoreJOB OPENINGS FELL TO LOWEST LEVEL SINCE 2021 IN OCTOBER
[infogram id=”67d51448-e0cb-462d-8d1b-08c50ce6bd69″ prefix=”qSm” format=”interactive” title=”JOLTS VS UNEMPLOYED 12052023″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work, but that gap is tightening. Job openings fell to 8.7 million in October, below consensus of 9.3 million, and the lowest level since March 2021. Over the month, job openings […]
Read MoreCONSUMERS PULLED BACK ON SPENDING IN OCTOBER
[infogram id=”0614f099-6d67-4203-922f-1bf1fa96c9ef” prefix=”3Ck” format=”interactive” title=”PERSONAL SPENDING 12012023″] Key Points: U.S. consumer spending rose by 0.2%, or $41.2 billion, in October, after rising 0.7% in September. Personal income increased by 0.2%, or $57.1 billion, in October, after rising 0.4% in September. The overall personal consumption expenditures price index was unchanged in October and is up 3.0% […]
Read MoreHOME PRICES HIT A NEW RECORD HIGH IN SEPTEMBER
[infogram id=”024c59d9-75d7-4d35-a7d1-91874d7e7a02″ prefix=”oAB” format=”interactive” title=”S&P HOME PRICE INDEX 11302023″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 3.9% in the year that ended in September after rising 2.5% in August. The September level was the highest since the index began […]
Read MoreHOME SALES FELL TO NEW 13-YEAR LOW IN OCTOBER
[infogram id=”aca67545-cbf9-4539-81e1-4f718a59a3fe” prefix=”ogC” format=”interactive” title=”EXISTING HOME SALES SCORECARD 11212023″] Key Points: Existing-home sales fell 4.1% in October from September to a seasonally adjusted annual rate of 3.79 million. Existing-home sales fell 14.6% from one year ago. The median existing-home sales price for October rose 3.4% from one year ago to $391,800. Sales in October fell […]
Read MoreUNEMPLOYMENT RATES ROSE IN 26 STATES IN OCTOBER
[infogram id=”72530775-72d1-4fbd-8e68-af783457365f” prefix=”lkh” format=”interactive” title=”OCTOBER STATE LEVEL EMPLOYMENT 11202023″] Key Points: Unemployment rates rose in 26 states, and remained stable in 24 states and the District of Columbia in October. The U.S. unemployment rate rose rose to 3.9% in October. In total, 26 states had unemployment rates lower than the U.S. figure of 3.9 percent, […]
Read MoreREAL WAGES HAVE FALLEN 3% UNDER BIDEN
[infogram id=”05e0120e-7359-4d1e-b34a-663973aca418″ prefix=”zc6″ format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 11162023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreRETAIL SALES FELL IN OCTOBER FOR FIRST TIME SINCE MARCH
[infogram id=”8a1e8f03-7ce5-49e6-86e7-a80e54c9ad03″ prefix=”rLs” format=”interactive” title=”RETAIL SALES 11152023″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, fell 0.1% in October from September. This was the first monthly decline since March. The August to September percent change was revised up to 0.9% from 0.7%. Excluding autos, retail sales rose by 0.1% over […]
Read MorePRICES UNCHANGED IN OCTOBER, CORE PRICES REMAIN HIGH
[infogram id=”c6e62eb5-55d1-4c0c-8e2f-a6bf53d5f91c” prefix=”oAQ” format=”interactive” title=”OCTOBER CPI V2 11142023″] Key Points: The Consumer Price Index (CPI) was unchanged in October after rising 0.4% in September. CPI increased 3.2% from a year ago, down from 3.7% in September. The index for shelter continued to rise in October, offsetting a decline in the gasoline index and resulting in […]
Read MoreREVISIONS ERASED 337K JOB GAINS SO FAR THIS YEAR
[infogram id=”030a9c5a-8801-43f4-933c-ef14ba1446b4″ prefix=”GMN” format=”interactive” title=”JOBS REVISIONS 11072023″] Key Points: Revisions to monthly job gains have erased 337K job gains in the first nine months of the year. Total jobs added from January to September were revised down from 2.6M to 2.2M, a 13.1% decline. June had the highest downward revision from 209K to just 105K, […]
Read MoreU.S. HIRING SLOWED IN OCTOBER, ADDED JUST 150K JOBS
[infogram id=”701c1c79-0365-4688-b77c-09a1e3e49125″ prefix=”5ee” format=”interactive” title=”OCTOBER JOBS DAY V2 11062023″] Key Points: Total nonfarm payroll employment rose by 150,000 in October and the unemployment rate ticked up to 3.9%. Consensus among economists was a gain of 180,000 jobs. The change in total nonfarm payroll employment for August was revised down by 62,000, from +227,000 to +165,000, […]
Read MoreJOB OPENINGS, HIRES, AND SEPARATIONS FLAT IN SEPTEMBER
[infogram id=”a62df900-0491-4bc2-b4f6-99dfbf95c188″ prefix=”s5z” format=”interactive” title=”JOLTS VS UNEMPLOYED 11012023″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings were little changed at 9.6 million in September, above consensus of 9.25 million. Over the month, job openings increased in accommodation and food services (+141,000) and in arts, […]
Read MoreHOME PRICES ROSE TO RECORD HIGH IN AUGUST
[infogram id=”1d7f1c18-bfd1-443a-aca2-e375c270d03a” prefix=”pI3″ format=”interactive” title=”S&P HOME PRICE INDEX 10312023″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 2.6% in the year that ended in August after rising 1.0% in July. The August level was the highest since the index began […]
Read MoreCONSUMER SPENDING JUMPED IN SEPTEMBER, PRICES REMAIN ELEVATED
[infogram id=”e2914f07-52e6-478e-84bb-414a16d8b2a7″ prefix=”M4g” format=”interactive” title=”PERSONAL SPENDING 10272023″] Key Points: U.S. consumer spending rose by 0.7%, or $138.7 billion, in September, after rising 0.4% in August. Personal income increased by 0.3%, or $77.8 billion, in September, after rising 0.4% in August. The overall personal consumption expenditures price index rose 0.4% in September and is up 3.4% […]
Read MorePENDING HOME SALES GREW 1.1% IN SEPTEMBER, DOWN 11% IN LAST YEAR
[infogram id=”935a781a-da45-4e7b-ba10-e873cec4fc92″ prefix=”hc2″ format=”interactive” title=”PENDING HOME SALES MAP 10262023″] Key Points: The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – rose 1.1% to 72.6 in September. Year over year, pending transactions declined 11%. An index of 100 is equal to the level of contract activity in […]
Read MoreUNEMPLOYMENT RATES ROSE IN 16 STATES IN SEPTEMBER
[infogram id=”77db19ec-37e7-4aa9-b087-5694a1900047″ prefix=”9bx” format=”interactive” title=”SEPTEMBER STATE LEVEL EMPLOYMENT 10202023″] Key Points: Unemployment rates rose in 16 states, and remained stable in 34 states and the District of Columbia in September. The U.S. unemployment rate rose was unchanged over the month at 3.8% in September, but 0.3% higher than September 2022. In total, 25 states had […]
Read MoreHOME SALES FALL TO LOWEST LEVELS SINCE 2010
[infogram id=”25032a60-d232-4105-93cf-2fdc7e8eca16″ prefix=”vUW” format=”interactive” title=”EXISTING HOME SALES SCORECARD 10182023″] Key Points: Existing-home sales fell 2.0% in September from August to a seasonally adjusted annual rate of 3.96 million. Existing-home sales fell 15.4% from one year ago. The median existing-home sales price for September rose 2.8% from one year ago to $394,300. Sales in September fell […]
Read MoreRETAIL SALES ROSE FOR THE SIXTH CONSECUTIVE MONTH
[infogram id=”591a86ac-c7f4-4cd7-b0ed-b845b0da952d” prefix=”5oV” format=”interactive” title=”RETAIL SALES 10172023″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.7% in September from August for the sixth consecutive month. Consensus among economists was a 0.3% increase. The July to August percent change was revised up to 0.8% from 0.6%. Excluding autos, retail sales […]
Read MoreREAL WAGES DOWN 3.3% UNDER BIDEN
[infogram id=”ce1d4bb5-2392-4244-973f-a7623d245e6d” prefix=”gui” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 10132023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MorePRICES ROSE MORE THAN EXPECTED IN SEPTEMBER
[infogram id=”b206a192-232f-4ead-9277-23d5225a59d9″ prefix=”mKc” format=”interactive” title=”SEPTEMBER CPI V2 10122023″] Key Points: The Consumer Price Index (CPI) rose 0.4% in September after rising 0.6% in August. CPI increased 3.7% from a year ago, the same reading as August. The index for energy rose 1.5% over the month, food rose 0.2%, and shelter increased by 0.6%. The index […]
Read MoreU.S. ADDED 336K JOBS IN SEPTEMBER, UNEMPLOYMENT RATE UNCHANGED AT 3.8%
[infogram id=”e44e6f07-da55-48b9-bf12-f7b67f6b870c” prefix=”Q3f” format=”interactive” title=”SEPTEMBER JOBS DAY V2 10062023″] Key Points: Total nonfarm payroll employment rose by 336,000 in September and the unemployment rate was unchanged at 3.8%. Consensus among economists was a gain of 170,000 jobs. The change in total nonfarm payroll employment for July was revised up by 79,000, from +157,000 to +236,000, […]
Read MoreU.S. JOB OPENINGS UNEXPECTEDLY ROSE IN AUGUST
[infogram id=”d9a67a06-ec3f-491a-b6cc-8ad2c1c59adc” prefix=”55u” format=”interactive” title=”JOLTS VS UNEMPLOYED 10032023″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings rose by 690,000 to 9.6 million in August, far above consensus of 8.8 million. Job openings increased in professional and business services (+509,000), finance and insurance (+96,000), state […]
Read MorePRICES ROSE IN AUGUST, CONSUMER SPENDING SLOWED
[infogram id=”cb55d680-6245-423c-b588-39867e12efd8″ prefix=”5pT” format=”interactive” title=”PERSONAL SPENDING 09292023″] Key Points: U.S. consumer spending rose by 0.4%, or $83.6 billion, in August, after rising 0.9% in July. Personal income increased by 0.4%, or $87.6 billion, in August, after rising 0.2% in July. The overall personal consumption expenditures price index rose 0.4% in August and is up 3.5% […]
Read MoreU.S. HOME PRICES INCREASED IN JULY
[infogram id=”f9995dc1-bc0e-48ba-a1b6-d10dd715bf45″ prefix=”jYH” format=”interactive” title=”S&P HOME PRICE INDEX 09272023″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 1.0% in the year that ended in July after a series of declines and a 0% reading in June. The 20-City Composite posted […]
Read MoreAUGUST HOME SALES CONTINUE DECLINE, PRICES REMAIN AT RECORD HIGHS
[infogram id=”a282b785-2645-4e9f-b170-8e1ff901922d” prefix=”oxR” format=”interactive” title=”EXISTING HOME SALES SCORECARD 09212023″] Key Points: Existing-home sales fell 0.7% in August from July to a seasonally adjusted annual rate of 4.04 million. Existing-home sales fell 15.3% from one year ago. The median existing-home sales price for August rose 3.9% from one year ago to $407,100. This is the fifth […]
Read MoreU.S. POVERTY RATE ROSE IN 2022 FOR FIRST TIME IN 13 YEARS, CHILD POVERTY DOUBLED
[infogram id=”1422c89b-a0c9-4986-b8f1-304afa65bf84″ prefix=”z3X” format=”interactive” title=”POVERTY RATE 09202023″] Key Points: In 2022, the U.S. poverty rate increased 4.6% from 2021 to 12.4% according to the Supplemental Poverty Measure (SPM), which looks at government programs and tax credits designed to help low-income families. This was the first increase in the poverty rate in 13 years. The poverty […]
Read MoreUNEMPLOYMENT RATES ROSE IN 10 STATES IN AUGUST
[infogram id=”e169fb32-0c95-401c-8df6-6a17f415b25d” prefix=”EgQ” format=”interactive” title=”AUGUST STATE LEVEL EMPLOYMENT 09202023″] Key Points: Unemployment rates rose in 10 states, fell in two states, and remained stable in 38 states and the District of Columbia in August. The U.S. unemployment rate rose unexpectedly to 3.8% in August. Two states and the District of Columbia had unemployment rates above […]
Read MoreREAL WAGES DOWN 3.1% UNDER BIDEN ADMIN
[infogram id=”804ec319-131c-4cdc-bf58-5e66ef29e51a” prefix=”GRt” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 09142023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are still down after adjusting for inflation. The Consumer Price Index (CPI) […]
Read MoreINFLATION ACCELERATED IN AUGUST
[infogram id=”0ded0c02-ab45-41a7-9ce6-0d96a5c64d5c” prefix=”uPL” format=”interactive” title=”AUGUST CPI V2 09132023″] Key Points: The Consumer Price Index (CPI) rose 0.6% in August after rising 0.2% in July. CPI increased 3.7% from a year ago, up from 3.2% in July. The index for energy rose 5.6% over the month, food rose 0.2%, and shelter increased by 0.3%. This marks […]
Read MoreREVISIONS ERASE 330K JOB GAINS SO FAR THIS YEAR
[infogram id=”f36df147-6d40-426c-aa7e-3b66b8743d39″ prefix=”Yh3″ format=”interactive” title=”JOBS REVISIONS 09072023″] Key Points: Revisions to monthly job gains have erased 330K job gains in the first seven months of the year. Total jobs added from January to July were revised down from 2.1M to 1.7M, a 16.1% decline. June had the highest revision from 209K to just 105K, a […]
Read MoreLABOR DAY GAS PRICES NEAR ALL-TIME HIGH
[infogram id=”e6258010-2f8f-44ed-a912-57cfb4d6b610″ prefix=”5Gj” format=”interactive” title=”GAS PRICES MAP 09052023″] Key Points: Gas prices climbed to an average of $3.81 a gallon nationally over Labor Day weekend, $0.02 higher than last year, and near the all-time Labor Day record of $3.84. Diesel prices have jumped $0.27 in the last month. 16 States and D.C. have prices above […]
Read MoreU.S. UNEMPLOYMENT RATE JUMPS TO 3.8%, MORE DOWNWARD REVISIONS
[infogram id=”26b959e6-fdfb-4f51-916f-357c40ca4c00″ prefix=”0j5″ format=”interactive” title=”AUGUST JOBS DAY V2 09012023″] Key Points: Total nonfarm payroll employment rose by 187,000 in August and the unemployment rate rose to 3.8%. Consensus among economists was a gain of 170,000 jobs. The change in total nonfarm payroll employment for June was revised down by 80,000, from +185,000 to +105,000, and […]
Read MoreU.S. CONSUMER SPENDING JUMPED IN JULY, INCOME GAINS REMAIN LOW
[infogram id=”ca8bfcfc-a3d6-4316-9c2b-571902c2fef4″ prefix=”LB0″ format=”interactive” title=”PERSONAL SPENDING 08312023″] Key Points: U.S. consumer spending rose by 0.8%, or $144.6 billion, in July, after rising 0.6% in June. Personal income increased by 0.2%, or $45.0 billion, in July, after rising 0.3% in June. The overall personal consumption expenditures price index rose 0.2% in July and is up 3.3% […]
Read MoreJOB OPENINGS UNEXPECTEDLY DECLINE IN JULY
[infogram id=”cdc55638-2ec5-4658-86e1-b4f457294a31″ prefix=”eXC” format=”interactive” title=”JOLTS VS UNEMPLOYED 08292023″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work, but the margins are shrinking. Job openings fell by 338,000 to 8.8 million in July, far below consensus of 9.5 million. Job openings increased in information (+101,000) and in transportation, […]
Read MoreU.S. HOME SALES FELL IN JULY, EXTENDING SLUMP
[infogram id=”ec14bcad-18ca-4c5e-9e3b-0cd6d4830896″ prefix=”Nx3″ format=”interactive” title=”EXISTING HOME SALES SCORECARD 08242023″] Key Points: Existing-home sales fell 2.2% in July from June to a seasonally adjusted annual rate of 4.07 million. Existing-home sales fell 16.6% from one year ago. The median existing-home sales price for July rose 1.9% from one year ago to $406,700. This is the fourth […]
Read More11 STATES SET SERIES LOW UNEMPLOYMENT RATES IN JULY
[infogram id=”845b6a6b-7462-4b5a-ae2b-0877bc7ad2dd” prefix=”OM8″ format=”interactive” title=”JULY STATE LEVEL EMPLOYMENT 08182023″] Key Points: Unemployment rates fell in seven states, rose in three states, and remained stable in 40 states and the District of Columbia in July. The U.S. unemployment rate was little changed at 3.5% in July and the same as in July 2022. Three states and […]
Read MoreGAS PRICES HIT 10-MONTH HIGH
[infogram id=”5043a356-e81b-4b1e-b59b-c77d823bf400″ prefix=”rJT” format=”interactive” title=”GAS PRICES MAP 08172023″] Key Points: Gas prices climbed to an average of $3.88 a gallon nationally this week, a 10-month high. Gas prices have increased by $0.31 in the last month alone. The highest gas prices are in California ($5.09), Washington ($5.01), Hawaii ($4.77), Oregon ($4.67), Alaska ($4.46), Nevada ($4.34), […]
Read MoreRETAIL SALES ROSE 0.7% IN JULY, CHANGE FROM LAST YEAR MIRRORS INFLATION
[infogram id=”038f05ca-a155-4c4c-a92b-caf7002e97e0″ prefix=”nry” format=”interactive” title=”RETAIL SALES 08152023″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.7% in July from June. Consensus among economists was a 0.4% increase. The May to June percent change was revised up to 0.3% from 0.2%. Excluding autos, retail sales rose by 1.0% over the […]
Read MoreREAL WAGES STILL DOWN UNDER BIDEN DESPITE SLOWING INFLATION
[infogram id=”9e8aced5-3fa3-4dda-a5b9-670174691cbe” prefix=”Eer” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 08102023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up and lower inflation readings recently, wages are still down after adjusting for inflation. […]
Read MoreINFLATION REMAINS BROAD, DESPITE DECLINES IN ENERGY PRICES
[infogram id=”bd4927f3-6125-43af-9f03-a9febe8d5cf7″ prefix=”vPU” format=”interactive” title=”CPI CATEGORIES 08102023″] Key Points: The Consumer Price Index (CPI) rose 0.2% in July from June and is up 3.2% in the last year. The core CPI, which excludes food and energy, rose 0.2% in July and is up 4.7% from the previous year. The overall food index rose 4.9%, food […]
Read MoreINFLATION INCREASED IN JULY AFTER YEARLONG SLOWDOWN
[infogram id=”2dc55023-a543-4088-9dcd-3c83941f1a8f” prefix=”Lri” format=”interactive” title=”JULY CPI V2 08102023″] Key Points: The Consumer Price Index (CPI) rose 0.2% in July, the same reading as June. CPI increased 3.2% from a year ago, up from 3.0% in June, and the first increase since June 2022. The index for energy rose 0.1% over the month, food rose 0.2%, […]
Read MoreU.S. ADDS 187K JOBS IN JULY, MAY AND JUNE REVISED DOWN
[infogram id=”afc5914a-2a04-45ea-864e-97dc3696ac45″ prefix=”zBd” format=”interactive” title=”JULY JOBS DAY VS 08042023″] Key Points: Total nonfarm payroll employment rose by 187,000 in July and the unemployment rate was little changed at 3.5%. Consensus among economists was a gain of 200,000 jobs. The change in total nonfarm payroll employment for May was revised down by 25,000, from 306,000 to […]
Read MoreJOB OPENINGS FLAT IN JUNE, QUITS DECLINE
[infogram id=”0b1d4d2f-7467-4427-8b46-d3041d76a8bc” prefix=”bFY” format=”interactive” title=”JOLTS VS UNEMPLOYED 08022023″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings were little changed at 9.6 million in June. Job openings increased in health care and social assistance (+136,000) and in state and local government, excluding education (+62,000). Job […]
Read MoreU.S. CONSUMER SPENDING INCREASED IN JUNE
[infogram id=”257d814d-e7be-4b36-a018-69f7a854a507″ prefix=”ZMY” format=”interactive” title=”PERSONAL SPENDING 07282023″] Key Points: U.S. consumer spending rose by 0.5%, or $100.4 billion, in June, after rising 0.2% in May. Personal income increased by 0.3%, or $69.5 billion, in June, after rising 0.5% in May. The overall personal consumption expenditures price index rose 0.2% in June and is up 3.0% […]
Read MoreHOME PRICES FELL YEAR-OVER=YEAR IN MAY
[infogram id=”02b56bc7-0d7d-4b11-896d-8601df789267″ prefix=”JoX” format=”interactive” title=”S&P HOME PRICE INDEX 07262023″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, fell 0.5% in the year that ended in May, down further from the 0.1% decline in the previous month. Before seasonal adjustment, the U.S. […]
Read MoreNINE STATES SET RECORD LOW UNEMPLOYMENT IN JUNE
[infogram id=”6e1a536b-474b-49c0-95e9-2b43a7747390″ prefix=”gNz” format=”interactive” title=”JUNE STATE LEVEL EMPLOYMENT 07212023″] Key Points: Unemployment rates fell in 11 states and remained stable in 39 states and the District of Columbia in June. The U.S. unemployment rate was little changed at 3.6% in June. Three states and the District of Columbia had unemployment rates above the U.S. average […]
Read MoreEXISTING-HOME SALES FELL IN JUNE, PRICES NEAR ALL-TIME HIGH
[infogram id=”fce7fd74-6c4e-44e1-9475-d4c1f8634b97″ prefix=”8Og” format=”interactive” title=”EXISTING HOME SALES SCORECARD 07202023″] Key Points: Existing-home sales fell 3.3% in June from May to a seasonally adjusted annual rate of 4.16 million. Existing-home sales fell 18.9% from one year ago. At $410,200, the median existing-home sales price for June was the second-highest price ever recorded – since January 1999 […]
Read MoreRETAIL SALES MISS EXPECTATIONS DESPITE SLOWING INFLATION
[infogram id=”6c8751c6-0ac8-4bb4-b184-e59587d03f4d” prefix=”F8w” format=”interactive” title=”RETAIL SALES 07182023″] Key Points: Retail sales, a measure of purchases at stores, restaurants and online, rose 0.2% in June from May. Consensus among economists was a 0.5% increase. The April to May percent change was revised up to 0.5% from 0.3%. Excluding autos, retail sales also rose by 0.2% over […]
Read MoreREAL WAGES DOWN 3% SINCE BIDEN TOOK OFFICE
[infogram id=”dedbe642-d04f-4018-ab36-a64c738f172d” prefix=”REx” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 07132023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are lower after adjusting for inflation. The Consumer Price Index (CPI) rose […]
Read MoreINFLATION EASED TO 3% IN JUNE
[infogram id=”6979705e-855f-402c-af1c-4497af4b4c0c” prefix=”0FD” format=”interactive” title=”JUNE CPI V2 07122023″] Key Points: The Consumer Price Index (CPI) rose 0.2% in June after rising 0.1% in May. CPI increased 3.0% from a year ago, down from 4.0% in May, and the lowest reading since March 2021. CPI has slowed from the peak one year ago when prices were […]
Read MoreVIOLENT CRIME UP 33% IN D.C. SO FAR THIS YEAR
[infogram id=”0013f1a0-d02b-414e-b698-7771a9f57594″ prefix=”AS9″ format=”interactive” title=”DC CRIME STATS 07112023″] Key Points: Violent crime has surged across the country since 2020. As of July 11, Washington DC has seen a 33% increase in violent crimes compared to the same time last year and a 30% increase in total crimes. Motor vehicle theft has surged 117%, with 3,785 […]
Read MoreU.S. ADDED 209K JOBS IN JUNE, MISSING EXPECTATIONS
[infogram id=”7abfa343-dcd5-497e-b289-c7882273dd76″ prefix=”9nf” format=”interactive” title=”JUNE JOBS DAY VS 07072023″] Key Points: Total nonfarm payroll employment rose by 209,000 in June and the unemployment rate was little changed at 3.6%. Consensus among economists was a gain of 225,000 jobs. The change in total nonfarm payroll employment for April was revised down by 77,000, from 294,000 to […]
Read MoreJOB OPENINGS FELL BY 496K IN MAY
[infogram id=”b62ef4e2-0aa9-4f29-8e82-9b43d788b683″ prefix=”dKh” format=”interactive” title=”JOLTS VS UNEMPLOYED 07062023″] Key Points: The number of available jobs since May 2021 continues to outnumber Americans looking for work. Job openings fell by 496,000 to 9.8 million in May, offsetting an increase of the same magnitude in the prior month. In May, job openings decreased in health care and […]
Read MoreEXCLUDING COVID, TRUMP ADMIN CREATED FAR MORE JOBS THAN BIDEN
[infogram id=”f9dbcf4c-6d52-4ebc-8a20-9872406cd415″ prefix=”Ye5″ format=”interactive” title=”EMPLOYMENT UNDER BIDEN 06292023″] Key Points: On June 27th, Biden tweeted a comparison in the average monthly jobs gained under Presidential administrations dating back to Reagan. However, this does not account for the drastic change in employment under COVID and using the pre-COVID employment levels is a more accurate depiction of […]
Read MoreCONSUMER SPENDING STALLED IN MAY
[infogram id=”d1d42d39-b90c-4842-a2f6-2661b64f8c1b” prefix=”xDR” format=”interactive” title=”PERSONAL SPENDING 06292023″] Key Points: U.S. consumer spending rose by 0.1%, or $18.9 Billion, in May, after rising 0.6% in April. Personal income increased by 0.4%, or $91.2 Billion, in May, after rising 0.3% in April. The overall personal consumption expenditures price index rose 0.1% in May and is up 3.8% […]
Read MoreU.S. HOME PRICES POST FIRST ANNUAL DECLINE SINCE 2012
[infogram id=”c736fbd4-957c-4825-b817-ce999e908024″ prefix=”nqo” format=”interactive” title=”S&P HOME PRICE INDEX 06292023″] Key Points: The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, fell 0.2% in the year that ended in April, down from 0.7% increase in the previous month. Before seasonal adjustment, the U.S. National Index […]
Read MoreDON’T BE FOOLED BY ANNUAL CHANGE IN INFLATION, PRICES ARE UP 15.5% UNDER BIDEN
[infogram id=”a4d07f7a-ebb8-404b-ad63-387adac4887f” prefix=”y1V” format=”interactive” title=”CPI Under Biden 06202023″] Key Points: The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by consumers for goods and services. The Consumer Price Index (CPI) rose 0.1% in May and increased 4.0% from a year ago. While this appears to be […]
Read More7 STATES SET RECORD LOW UNEMPLOYMENT IN MAY
[infogram id=”141086fa-0072-46b0-afa5-ec9e93b788f7″ prefix=”bPg” format=”interactive” title=”MAY STATE LEVEL EMPLOYMENT 06212023″] Key Points: Unemployment rates fell in 11 states and remained stable in 39 states and the District of Columbia in May. The U.S. unemployment rate increased to 3.7% in May. Nine states and the District of Columbia had unemployment rates above the U.S. average in May. […]
Read MoreREAL WAGES HAVE FALLEN 3.2% UNDER BIDEN
[infogram id=”b14c50d8-cce4-4098-945b-8d6b8a7c96f8″ prefix=”toi” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS V3 06202023″] Key Points: Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work. Despite average hourly earnings trending up, wages are lower after adjusting for inflation. The Consumer Price Index (CPI) rose […]
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