The Lagging Wave – Why U.S. Shoppers Haven’t Felt the Middle East Energy Fallout — Yet
Every week, two trucks pull up to Tony Liu’s loading dock, loaded with fresh produce, meat, and seafood. Liu owns Grand Asia Market in Charlotte, N.C., as well as several local restaurants. Until a few weeks ago, he was paying about $2,000 a truck for his deliveries....
U.S. trade deficit shrinks, signaling calm before a storm of global uncertainty
The U.S. trade deficit decreased in January, giving signs of short-lived economic stability.
March jobs may rebound after February shock
After last month’s surprising job losses, the U.S. labor market is largely expected to rebound in March, continuing to support the “low hire, low fire” narrative that is defining the economy. Forecasters expect the jobs report, due on April 3, to paint a picture of a...
Sales Slip for New Single-Family Homes in January
It was the biggest monthly percentage decline since June 2013, when homebuilders were reeling in the wake of the Great Recession. This came as a shock to economists who predicted a more modest drop. New home sales fell to a seasonally adjusted annual rate of 587,000...
Rising income fails to deliver strong spending gains in January
Households continued to earn and spend in January, but at a pace that just barely kept up with inflation, showing early signs of hesitation in consumer demand. January’s personal income data, released by the Bureau of Economic Analysis, showed income rising...
Inflation remained cool and steady in February
Inflation remained cool and steady in February The consumer price index does not include the impact of the U.S.-Israeli war in Iran Inflation stayed the course in February, but the energy price volatility resulting from the US-Israeli war in Iran will likely have a...
Americans Are Spending Their Savings. The Jobs Market Isn’t Helping.
As retail sales slipped and the job market weakened, Americans are draining their savings to cover what their paychecks no longer can. Retail sales fell 0.2% in January from the month before, the Census Bureau reported Friday, according to the retail sales data...
Manufacturing Continues to Expand, While Tariffs Loom Large
American manufacturing activity continued to expand for the second straight month in February, but producers are still struggling in the throes of President Trump’s inflationary tariff policy.
Trump’s tariffs fails to shrink U.S. annual imports while raising costs at home
The U.S. trade deficit increased in December, capping off a turbulent year marked by tariffs that created widespread disruption but failed to make a dent in the trade deficit. Data released by the Commerce Department showed the trade deficit for 2025 decreased by just...