Macro Minute
Are price increases being experienced across many categories, or is inflation mostly driven by a few stubborn categories? The PCE price index seems to suggest pricing pressure remains broad.
Anxiety about possible job loss appears to be associated with actual changes in worker behavior, lowering the frequency of job switching in the economy.
In this week's post, we rank districts according to how similar they are to the overall U.S. in terms of the industry composition of their GDP.
Temporary losses look to be severe after the collapse of the Francis Scott Key Bridge and closure of the Port of Baltimore, but there are several reasons to be optimistic about recovery.
There's a diverging trend in the recovering housing market. While new single-family housing construction is increasing, multi-family housing unit construction is on the decline.
Findings from UM's Survey of Consumers suggest that being affiliated with the political party in power makes consumers more engaged and, in turn, more informed about the state of the economy.
Small business performance indicators suggest that consumer demand is resilient and price pressures remain high despite inflation trending down. Measures like these can offer insights into the overall economy's state.
Since 2021, there has been a large increase in both the size of the population with disabilities and the disabled labor force participation rate. Expansion of remote work opportunities seems to have contributed to this growth.
The increasing share of foreign-born immigrant workers is an important influence on today's labor market landscape. The outlook is highly uncertain if this trend will continue.
Due to an increase in labor productivity, strong wage growth is coexisting with encouraging signs of inflation in recent readings. However, productivity growth has historically shown to be volatile.