Consumer Sentiment

April 11, 2025 The preliminary estimate of consumer sentiment for April fell 6.2 points to 50.8 after having declined 10.7 points in March and 3.4 points in February.  This is the fourth consecutive decline in sentiment.  The January level is the lowest since June...

Producer Price Index

April 11, 2025 The Producer Price Index for final demand  includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand declined 0.4% in...

Initial Unemployment Claims

April 10, 2025 Initial unemployment claims rose 4 thousand in the week ending April 5 to 223 thousand after declining 6 thousand in the previous week.    There is no evidence that the labor market has been affected by layoffs thus far.  However, we know that some...

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....