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 →
Consumers Consumed Less in December: January 16 – 20
Americans shopped less and fewer purchased homes in December.
Employers Hired But Jobs Remain Unfilled: January 2 – 6
The labor market continued creating jobs as 2022 ended.
