News From the President's Desk
Americans are a giving people, with total contributions from all sources at $499.3 billion in 2022. Of that total, $319.040 billion come from individuals 1. Individual charitable...
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News From the President's Desk
Americans are a giving people, with total contributions from all sources at $499.3 billion in 2022. Of that total, $319.040 billion come from individuals 1. Individual charitable...
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Latest Inflation Indications The rate of inflation indicated by the Personal Consumption Expenditures Price Deflator (PCE Price Deflator) declined to 3.0% with the October data. Excluding...
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While there was good news in the 3Q23 figure, some cracks in the economy’s support are showing. The level of personal consumption expenditures in 3Q23 seems contradictory to news of...
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Real GDP for 3Q23 came in 1.3% above our forecast average. Personal Consumption Expenditures for Household Services fueled much of the growth, followed by consumers buying goods,...
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News From the President's Desk
The headline demanded attention: “Inflation Coming In Hot” with a follow-on sentence about the “largest monthly increase since January” (bold in the original). All in all, the article is...
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Indications of a labor market less skewed to the employee’s favor and more to the employer’s are appearing:
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