GDP Q3 2021
Real GDP growth in Q3 was revised up to a 2.3% annual rate from a prior estimate of 2.1%, beating […]
Real GDP growth in Q3 was revised up to a 2.3% annual rate from a prior estimate of 2.1%, beating […]
Industrial production increased 0.5% in November, slightly below the consensus expected gain of 0.6%. Utilities output fell 0.8% in November, […]
Housing starts increased 11.8% in November to a 1.679 million annual rate, easily beating the consensus expected 1.567 million. Starts […]
A renominated Powell is a different Powell. The Federal Reserve didn’t raise interest rates today, a policy move we think […]
Retail sales rose 0.3% in November, short of the consensus expected gain of 0.8%. Retail sales are up 18.2% versus […]
The Producer Price Index (PPI) rose 0.8% in November, well above the consensus expected +0.5%. Producer prices are up 9.6% […]
Inflation can be a concern because it makes money saved today less valuable tomorrow. Inflation erodes a consumer’s purchasing power […]
The Consumer Price Index (CPI) increased 0.8% in November, more than the consensus expected +0.7%. The CPI is up 6.8% […]
View from the Observation Deck 1. Today’s blog post illustrates the wide disparities that often exist between the annual price […]
The trade deficit in goods and services narrowed to $67.1 billion in October, but by less than the consensus expected. […]
