Highlights Job Growth and Unemployment Dynamics April’s job growth has taken a significant dip, falling below expectations and revising down the tally of previous months, contributing to a broader discussion on labor market trends and economic indicators as viewed through…

The Fed left interest rates and overall monetary policy unchanged today. We have now had six straight meetings with no change in rate policy. The Fed remains focused on a 2% target. Still, they appear to recognize that waiting could…

Highlights First Estimate of Q1 GDP Growth Slowed More Than Expected The first estimate of Q1 real GDP performance showed a bigger deceleration in growth than expected, falling to an annualized rate of 1.6% from 3.4% in the fourth quarter.…

Highlights The initial retail sales report for March showed a stronger-than-expected acceleration in consumer spending. The 0.7% increase was well above the expected 0.4% growth, and February’s sales increase was revised higher. Retail sales were up 4.0% year over year…

Highlights: Headline Inflation Hits Highest Level Since September Headline inflation continues to run hotter than expected. In March, inflation grew at the same pace as February, according to the Consumer Price Index (CPI). The headline aggregate measure increased 0.4% on…

Job growth in March accelerated and was stronger than expected. The three-month average for job creation is at the highest level in 11 months, while the unemployment rate declined. Wage growth accelerated modestly in March. The labor market remains strong.…

The fourth-quarter real GDP was revised upwards to a 3.4% annualized gain, an increase from the 3.2% second estimate. Personal consumption was revised up to 3.3% from 3.0%. In February, income growth decelerated to a 0.3% gain, a decrease from…