Tag: economists
Producer prices shot up 6%, adding to pressure on companies to...
WASHINGTON (AP) – U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the most since December 2022,...
U.S. producer prices rose 0.5% in December, more than expected, on...
WASHINGTON (AP) – U.S. wholesale prices rose a hotter-than-expected 0.5% in December.
The Labor Department reported Friday that its producer price index – which measures inflation before it hits...
A tariff strategy that revives a classic warning
Feeling tariff whiplash? You’re not alone. On April 2, President Donald Trump announced sweeping new tariffs – a 10% levy on nearly all U.S....
U.S. inflation worsened last month as the cost of groceries and...
WASHINGTON (AP) – U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses...
U.S. consumers keep spending despite high prices and their own gloomy...
WASHINGTON (AP) – A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is...
U.S. retail sales fall 1% amid high inflation, rising rates
WASHINGTON (AP) – Americans cut their spending at retail stores and restaurants in March for the second straight month, a sign consumers are becoming...
2023 U.S. recession now expected to start later than predicted
WASHINGTON (AP) – A majority of the nation's business economists expect a U.S. recession to begin later this year than they had previously forecast,...
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