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Shelter moderates, food remains sticky. Notable callouts from the inflation print include the shelter index, which rose 4.7% on an unadjusted, annual basis, lower than October's 4.9% increase.
The economy has defied prophecies of doom since late 2022 following the Fed's aggressive rate hiking campaign to stamp out inflation. It is a down shift in economic growth and it confirms the ...
Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024. ... pricing," which led the selling price inflation for goods and services down to the lowest ...
The following reports on economic indicators are reported by United States government agencies: Business activity Wholesale Inventories; Industrial Production (Federal Reserve) Capacity Utilization; Regional Manufacturing Surveys (purchasing managers' organizations and Federal Reserve banks) Philadelphia Fed Index (Federal Reserve Bank of ...
Growth in the US economy continues to surprise to the upside while inflation declines. New data from the Bureau of Economic Analysis revealed the US economy grew at a 5.2% annualized pace in the ...
Inflation hit a four-decade high 9.1% in mid-2002. ... “This week’s data show the economy is set to end 2024 on a solid note, which is fortunate since we’ll have to contend with heightened ...
Shadowstats primarily focuses on inflation, but also keeps track of the money supply, unemployment and GDP by utilizing methodologies abandoned by previous administrations from the Clinton era to the Great Depression. The site is authored by consulting economist Walter J. Williams, who holds a BA in economics and an MBA from Dartmouth College. [1]
Following the release of Wednesday's inflation data, markets were pricing in a roughly 70% chance the Federal Reserve raises rates by another 0.25% in May, according to data from the CME Group.