March producer prices rose by 0.5%, driven largely by energy costs. Oil prices have eased since, but supply disruptions are unlikely to fade anytime soon. … READ MORE >
American demand destruction: Seven channels that compound to threaten U.S. growth
Demand destruction—the process by which high prices force consumers and businesses to cut spending—unfolds through seven distinct channels on different timescales. … READ MORE >
Producer prices rise faster in January as inflation concerns mount
Producer prices rose by 0.5% in January, up from 0.4% in December and marking a steady acceleration from the soft readings in October and November. … READ MORE >
Market Minute: RSM GDP Nowcast showing 4.5% growth in first quarter
We can be confident that the rebound in government spending following the extended shutdown last fall will add about 1 to 1.5 percentage points to overall GDP growth. … READ MORE >
Market Minute: Tariffs are struck down, but don’t count on price cuts
Even if tariff refunds eventually make their way onto corporate balance sheets, the operational costs tied to tariff uncertainty have already been paid. … READ MORE >
Major economic indicators point to stronger growth
The impact of AI investment and the easing of tariff concerns showed up across much of the data. … READ MORE >
That was one noisy retail sales report
Headline retail sales were unchanged, missing the 0.4% increase economists expected. … READ MORE >
Consumer sentiment ticks up, but don’t hang your hat on it
The gains in sentiment were concentrated among households with the largest stock portfolios, while confidence stagnated and remained dismal for consumers without equity exposure. … READ MORE >
Consumer confidence plunges to lowest level since 2014
The Conference Board’s index fell to 84.5, missing the consensus forecast of 90.0 and marking the lowest reading since May 2014. … READ MORE >
Americans spent big in November as inflation moderated
Despite a number of lingering concerns over tariffs and jobs, consumer spending continued to be strong in November. … READ MORE >









