Everyday Economics: The economy is still standing, but the squeeze Is building
This week brings three important reads on the economy: the S&P CoreLogic Case-Shiller Home Price Index, new home sales and the Personal Consumption Expenditures...
Everyday Economics: Stable but weak under the surface
The April jobs report looked fine. Payrolls rose, unemployment held at 4.3%, hours ticked up. Nothing broke. But look one layer down and the...
Everyday Economics: Inflation squeezes household spending
The Fed held rates where they were – 3.5% to 3.75% – and nobody was surprised. What actually mattered was the friction inside the...
Everyday Economics: Housing sets the stage, but the Fed, PCE are the main event
This week begins with housing, but the real macro story comes later: the Federal Reserve chair’s press conference and the Personal Consumption Expenditures inflation...
Everyday Economics: Retail sales and housing suggest a resilient consumer
This week, the focus shifts to the consumer, with March retail sales and the National Association of Realtors’ pending home sales report.
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