Consumer Prices Jump 0.8% in November, Up 6.8% Over Last Year…Inflation reached a 40-year high last month as prices rose for almost everything. What it means—You know things are weird when ...
Week In Review – December 6 2021
The U.S. Economy Created 210,000 Jobs in November… The unemployment rate dipped to 4.2%, a pandemic low. What it means—The jobs report showed the worst of both worlds. The consensus estimate was ...
Week In Review – November 29 2021
Build Back Better Act Passes House…The U.S. House of Representatives passed the $1.85 trillion reconciliation bill, which now goes to the Senate. What it means— Representatives held off on voting ...
Week In Review – November 23 2021
Retail Sales Increase 1.7%...Consumer spending remains strong even as stimulus effects fade. What it means— There’s no doubt that consumers are still ordering goods with abandon, as is evidenced by ...
Week In Review – November 15 2021
Inflation Jumps to 6.2%… Consumer prices rose 0.9% last month and are 6.2% higher than at this time last year, the highest reading in 31 years. Core inflation rose 0.6% last month and 4.6% over the ...