Private Sector Job Growth Reflects Broader Macroeconomic Trends
The pace of job growth in the private sector is more than a statistic; it tells a story of how businesses, consumers, and policymakers respond to changes in the economy.…
Why Higher Interest Rates Haven’t Deterred Homebuyers: The Unexpected Rise in Pending Home Sales
The recent 7.4% rise in pending home sales for September, exceeding predictions, underscores the nuanced relationship between Federal Reserve policies, consumer decisions, and market dynamics. Although high interest rates are…
All US GDP Components Grew in 2023
Despite fears of a recession following the Federal Reserve’s raising of interest rates to cut inflation, the US economy saw real growth of 3.1% in 2023. A large part of…
Are You Suffering From Inflation Brain?
With headlines and news updates continually reminding us that we’re in an inflationary economy, it’s hard not to be at least a little bit concerned about what financial challenges might…
What’s Driving the Price of New Cars?
Photo by Lance Asper on Unsplash Imagine yourself sitting in a brand new car. The dashboard is free of dust particles, the carpets are pristine, and the air is filled…
The Lipstick Index: What It Can Tell Us About Spending During Times of Economic Turmoil
Photo by Qasim Malick on Unsplash If you’re feeling like your financial life is on the edge of spinning out of control, yet you can’t stop making small impulse purchases,…
Time to Curb Inflation Following the Phillips Curve?
Photo by Nattanan23 on Pixabay.com According to the Bureau of Labor Statistics, the all items Consumer Price Index rose 7.5% for the 12 months ending January 2022 – the largest…
We Have Record Profits, But We Still Need to Raise Prices
Photo by fernandozhiminaicela on Pixabay.com Does it seem like there’s a disconnect between reports of record earnings by large companies and warnings from the same companies that they need to…
It’s Official: Inflation is Here. Should You Be Worried?
The news from the Federal Reserve confirmed what many had been suggesting in recent weeks: the U.S. economy is rapidly heating up. Concerns about the potential for inflation have been…
1.5 Million People Applied for Unemployment Last Week
Tens of millions of Americans have filed for unemployment during the coronavirus pandemic. This historically high number increased by another 1.5 million last week as many people continue to struggle…