The headline payroll number from the March jobs report shows a gain of just 98,000 jobs in the month. That number was well below the consensus estimate of 180,000. Adding to the disappointment were net downward revisions of 38,000 to prior month’s gain …
READ MOREThe most recent indicators on the economy released over the first few days of April provide mixed signals about the pace of economic growth but do not suggest the expansion is at risk. On the positive side, ADP, the global provider of cloud-based Human …
READ MOREThe last day of the first quarter of 2017 saw mostly positive economic data. First, the University of Michigan released the final estimates on consumer sentiment for March. The Index of Consumer Sentiment edged up to 96.9 from 96.3. The increase …
READ MOREFinal estimates from the Bureau of Economic Analysis show real gross domestic product rose 2.1 percent in the fourth quarter of 2016 and 1.6 percent for all of 2016. Those results hide stronger performances in key domestic segments of the economy. Dome …
READ MOREExisting-home sales fell 3.7 percent in February but were still 5.4 percent above year-ago levels. Sales for February came in at a seasonally-adjusted annual rate of 5.48 million, down from 5.69 million in January. The February pace is well above the p …
READ MOREIn the February 2017 edition of Gold Investor, published by the World Gold Council, former Federal Reserve Chairman Alan Greenspan provided his views on gold. In his interview for Gold Investor magazine, Greenspan makes several very important observati …
READ MORECapping off a mostly good week for the economy, economic reports released today show accelerating growth in manufacturing and continuing consumer optimism about the future. Industrial production in the U.S. was unchanged in February following a 0.1 per …
READ MOREThe labor market is gaining strength. The number of open jobs across the economy increased to 5.63 million in January, the ninth highest level on record. The private sector is even more robust with 5.17 million job openings, the fifth highest level on …
READ MOREThe Federal Reserve raised its target for the federal funds rate by 25 basis points to a range of 0.75 percent to 1.00 percent. The move was the third rate increase since December 2015. The current pace of policy normalization remains well below …
READ MOREFebruary retail sales and consumer prices rose at a slower pace compared to January. Some analysts have linked the moderation in spending to the delay in tax refunds by the Internal Revenue Service. The deceleration may also be a return to a moderate p …
READ MOREIn the discussion of prices and inflation, attention usually focuses on the Consumer Price index (CPI) or the Fed’s preferred measure, the Personal Consumption Expenditure (PCE) price index. They are designed to measure consumer prices. The Produ …
READ MOREThe February jobs report may not have been the blowout that the ADP report had suggested but the 235,000 rise in payrolls, coming on the heels of a 238,000 increase in January, points to a robust labor market. The combined gains in January and February …
READ MORE250 Division Street | PO Box 1000
Great Barrington, MA 01230-1000
Press and other media outlets contact
888-528-1216
press@aier.org
This work is licensed under a
Creative Commons Attribution 4.0 International License,
except where copyright is otherwise reserved.
© 2021 American Institute for Economic Research
Privacy Policy
AIER is a 501(c)(3) Nonprofit
registered in the US under EIN: 04-2121305