Inflation picked up in January. Here are the five things we learned from U.S. economic data released during the week ending February 17. Consumer prices jumped in January. The Consumer Price Index (CPI) increased a seasonally adjusted 0.5 percent, the biggest rise for the Bureau of Labor Statistics measure since last October. Energy CPI jumped 2.9 percent (gasoline:... Continue Reading →
A Growing Trade Deficit: February 6 – 10
The trade deficit surged to a new record in 2022.
Labor Market Resilience: January 30 – February 3
The U.S. economy added jobs at its fastest pace since last July.
