Retail Sales Increase 1.7%...Consumer spending remains strong even as stimulus effects fade. What it means— There’s no doubt that consumers are still ordering goods with abandon, as is evidenced by ...
Week In Review – November 15 2021
Inflation Jumps to 6.2%… Consumer prices rose 0.9% last month and are 6.2% higher than at this time last year, the highest reading in 31 years. Core inflation rose 0.6% last month and 4.6% over the ...
Week In Review – November 8 2021
The U.S. Economy Created 531,000 Jobs in October… The unemployment rate fell from 4.8% to 4.6%. What it means— There was good news almost across the board in the jobs report, as payrolls ...
Week In Review – November 2 2021
GDP Growth Slowed to 2% in Third Quarter… After expanding at a 6.7% annualized rate in the second quarter, GDP growth slowed dramatically. What it means— The actual number split the difference ...
Week In Review – October 26 2021
Industrial Production Down 1.3%… Factory, mining, and utility production fell in September, missing the consensus estimate for a 0.2% gain. What it means — The decline marked the biggest drop since ...