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Tag Archives: inflation

May Inflation Hits Highest Point Since 1981

May inflation

The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. …

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U.S. Adds 390,000 Jobs in May

jobs may

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …

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Consumers React to Supply Chain Issues and Inflation

supply chain issues

Morning Consult, a global decision intelligence company delivering insights and custom market research on what people think in real-time, released its U.S. Supply Chains Report in April 2022. The report evaluated the impact of ongoing supply chain issues and rising …

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Inflation Impacting Housing Affordability

housing affordability

In a recent e-newsletter, National Association of Home Builders (NAHB) chief economist Robert Dietz shared his insights on the current and future economy and provided housing market updates. The rising mortgage interest rates and stricter policies from the Federal Reserve …

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Inflation Continued Upward Climb in March

March inflation

The U.S. Bureau of Labor Statistics reported another jump in inflation in March, up 1.2 percent after a 0.8 percent increase in February. Inflation has risen 8.5 percent over the last 12 months, the largest 12-month increase since December 1981. …

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2022 Easter Spending Insights

Easter Spending 2022

According to the National Retail Federation’s (NRF) annual survey with Prosper Insights & Analytics, 80 percent of Americans will celebrate Easter this year and 51 percent of celebrations will be in person. The survey also shows that American consumers plan …

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NRF Forecasts 6 to 8% Retail Sales Growth in 2022

sales growth 2022

The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …

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U.S. Inflation Continues to Soar

U.S. inflation

Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The U.S. inflation rate over the last 12 months …

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