The producer price index released today shows a surge in wholesale prices, the highest in a year according to the Bureau of Labor Statistics, sparking concerns about inflationary pressures and broader implications.
Read More Wholesale Prices Surge, Sparking Inflation ConcernsTag: Sound Planning Group
February Consumer Sentiment Dips: Expert Analysis by Sound Planning Group CEO
The consumer sentiment report is out, showing a slight decline in February from the month before.
Read More February Consumer Sentiment Dips: Expert Analysis by Sound Planning Group CEORecent Economic Trends Amid The Producer Price Index Dip
The prices of the products that producers make went down in December by a little bit, 0.1%, to be exact.
Read More Recent Economic Trends Amid The Producer Price Index DipUnpacking The December Jobs Report: Beneath The Surface, Reasons To Question The Optimism
The monthly jobs report for December, released today, reveals that U.S. employers added 216,000 jobs last month, surpassing expectations of 170,000.
Read More Unpacking The December Jobs Report: Beneath The Surface, Reasons To Question The OptimismEconomic Update: GDP Revised Down To 4.9% In Q3
In the latest economic update, our GDP, encompassing all the goods and services we produce, increased by 4.9% in Q3 this year, revised down from the initial 5.2%.
Read More Economic Update: GDP Revised Down To 4.9% In Q3Federal Reserve Holds Interest Rates Steady for Second Consecutive Time
The Federal Reserve decided to pause interest rate hikes for the second time in a row, keeping the federal funds rate within a range of 5.25% to 5.5%.
Read More Federal Reserve Holds Interest Rates Steady for Second Consecutive Time