Consumer Price Index

March 12, 2025 The CPI declined 0.1% in March after having risen 0.2% in February after jumping 0.5% in January. This is the first decline in the overall CPI since 2020.  The year-over-year increase is 2.4%.  We now expect the overall CPI to increase 3.2% in 2025....

Small Business Optimism

April 8, 2025 . Small business optimism declined 3.3 points in March to 97.4 after falling 2.1 points in February to 100.7 after having declined 2.3 points in January.  The media focus seems to be on the fact that the index has declined in each of the past three...

Payroll Employment

April 7, 2025 Payroll employment climbed by 228 thousand in March after gaining 117 thousand in February and 111 thousand in January.  The job gain far exceeded market expectations which were for an increase of 135 thousand. In addition to hiring workers employers can...

Private Employment

April 7, 2025 Payroll employment climbed by 209 thousand in March after gaining 116 thousand in February and 79 thousand in January.  The job gain far exceeded market expectations which were for an increase of 127 thousand. In addition to hiring workers employers can...

Unemployment Rate

April 7, 2025 The unemployment rate rose 0.1% in March to 4.2% (4.152%) after rising 0.1% in February to 4.1% and declining 0.1% in January.  The labor force rose by 232 thousand in March while employment rose by 201 thousand.  As a result, the number of unemployed...