Consumer credit set a record in May for the largest one-month increase, though the major decline in debt last year— spurred largely by stimulus payments—means it remains well-below its pre-Covid…

The U.S. economy continues its pursuit of “normal” as both the manufacturing and services PMIs ease off their post-pandemic surges into more typical growth territory. Could this signal an easing in…

10 more states put an end to the $300 pandemic-era unemployment enhancement at the end of June, and it’s having an effect on both job search activity and continuous claim volume. As overall…

Aided by stimulus payments, QE, and last year’s booming stock market, household wealth has ballooned in the U.S., accelerating an already notable trend and pocketing households an additional $13.5…

Inflation continues to climb in the U.S. as the Market Manufacturing PMI hits a new record on the back of revitalized demand, persistent and extreme supply chain bottlenecks, and soaring producer…

Producer price increases have paused to catch their breath in Richmond, and though existing home sales are slowing, housing price gains are continuing to soar—all while remaining under the radar…

The newly hawkish tone from the Fed sent yield curves flatting last week as they continue working to keep rates low… and the effect wasn’t limited to the U.S. Will additional insight be offered when…

The Fed’s dot-plot update and more-hawkish-than-expected turn took the markets off guard this week as investors prepare for two rate hikes in 2023. Sparked by significant increases to GDP and…

Retail sales may have fallen short of estimates and slipped 1.3% in May, but they remain a solid 18% above their pre-Covid trend and continue to reflect strength from the U.S. consumer. What’s more…