Initial jobless claims rose by 9.1% last week to 264,000, the most since 2021 as producer prices rebounded in April, largely because of comparisons to the surging prices a year ago. … READ MORE >
producer price index
Jobless claims and producer prices point to a further slowdown
For the Federal Reserve, the new data bolstered the case that it will pause its rate increases after one final hike in this cycle on May 3. … READ MORE >
Retail sales and producer inflation fell in February
Retail sales dropped in February after surging in January, while producer inflation fell unexpectedly on the month, signaling easing demand pressures. … READ MORE >
Jobs and inflation data show a still-strong economy
Both producer inflation and jobless claims came in stronger than expected in the most recent government reports released on Thursday. The data adds further pressure on the Federal Reserve as it aims to steer the economy toward a soft landing. … READ MORE >
U.S. retail sales and producer inflation fall as spending weakens
Retail sales and producer inflation data came in lower than expected in December, giving the Federal Reserve more reasons to begin to slow down its rate hikes. … READ MORE >
Producer price inflation hotter than expected ahead of Fed’s meeting
The producer price index for final demand rose by 0.3% in November and by 7.4% year-over-year, the Bureau of Labor Statistics reported on Friday. … READ MORE >
Producer prices rebound, keeping pressure on Fed to raise rates
The producer price index rose by 0.4% in September after falling for two straight months, the Bureau of Labor Statistics reported on Wednesday. … READ MORE >
Producer prices ease as energy costs fall
Prices paid to domestic producers deflated for the second month in a row as energy prices continued to fall and food prices remained unchanged. … READ MORE >
Initial jobless claims rise as producer inflation deflates for first time in 2 years
While there has been a clear upward trend in new unemployment claims, the number remained relatively low compared to the historical standard, especially with significant downward revisions to data for the last two weeks of July. … READ MORE >
Latest jobless claims and producer inflation show upside surprises
New filings for jobless benefits last week rose by 3.8% to 244,000 while producer inflation rose by a surprisingly strong 1.1% in June. … READ MORE >