Jul 29, 2022
GDP Real GDP declined by an annualized 0.9% in Q2 2022, according to the advanced estimate released by the Bureau of Economic Analysis (BEA). The decline follows a 1.6% annualized contraction in Q1, placing the US economy in a technical recession, though one has not...
Jul 18, 2022
JOBS REPORT Despite rising capital costs and renewed recession fears, the US economy added 372k jobs in June, according to the latest employment numbers from the Bureau of Labor Statistics. Business Services led the way with 74k new payrolls in June. Management roles...
May 16, 2022
Consumer Price Index Consumer prices rose 8.3% year-over-year through April, according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). April’s reading was the first reduction in annual inflation since August 2021, but price pressures remain near 40-year...
Apr 29, 2022
GDP Real GDP decreased by an annualized 1.4% during Q1 2022, down from Q4 2021’s revised figure of 6.9%. This is the first quarterly contraction in US economic growth since the early days of the COVID-19 pandemic in Q2 2020. Increased COVID-19 cases due to the Omicron...
Apr 15, 2022
CONSUMER PRICE INDEX Consumer prices posted an 8.5% year-over-year increase through March, its fastest annual pace since December 1981, according to the Bureau of Labor Statistics. Month-over-month, prices rose 1.2%. Energy continues to place the most upward pressure...
Apr 1, 2022
TREASURY YIELD INVERSION The yields on the 5-year and 30-year US treasuries inverted on March 28th for the first time since 2006, raising fears of an upcoming recession. The yield on the 5-year note reached 2.56%, while the yield on the 30-year at one point fell as...
