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.
Consumers Spend in October: November 14 – November 18
October was a good month for retailers, less so for manufacturing or the real estate market.
