News
ADP Reported 98, 000 New Jobs in June. What Will the BLS Report?
1+ hour, 33+ min ago (252+ words) The BLS reports Friday. Here's a breakdown of ADP's report. Please consider the ADP Employment Report for June 2026. Job creation was uneven in June. Financial activities and information were among the gainers, while leisure and hospitality delivered a sixth month…...
Manufacturing ISM Up 6 Straight Months, Employment Down 33 Straight Months
15+ hour, 5+ min ago (669+ words) Price growth moderated but have input prices have rapidly increased for 21 months. ISM table and related comments by permission of the Institute for Supply Management (ISM) The report was issued today by Susan Spence, MBA, Chair of the Institute for…...
PCE Year-Over-Year Inflation Up 4. 1 Percent, Fed Over Target 63 Straight Months
6+ day, 7+ hour ago (744+ words) The Fed's target is 2. 0 percent, actual is 4. 1 percent, up 0. 4 percent from last month. The BEA's Income and Outlays report shows the PCE Price Index is up 0. 4 percent from last month and 4. 1 percent from a year ago. I calculate to two…...
How Much Does the Price of Oil Influence Interest Rates and Bond Yields?
1+ week, 5+ day ago (230+ words) Pictures show the answer is shockingly little. Oil vs Yields Key Points Price of Oil vs Treasury Yields and Fed Funds Rate Detail Current State of Affairs Interpretation These charts put a further spotlight on numerous Fed errors, ridiculous reliance…...
Housing Starts Crash 15. 4 Percent on Top of Steep Negative Revision
2+ week, 1+ day ago (1148+ words) Compared to the unrevised April number, starts decline 19. 7 percent. Housing Starts Lowest Since May of 2020 The monthly New Residential Construction report for May 2026 shows a construction disaster. Housing Starts Single Family vs Multi-Family Single Family vs Multi-Family Details SA in…...
Core CPI Inflation Looks Contained. It's a Mirage Ignoring Services
2+ week, 3+ day ago (471+ words) Let's discuss goods and services. The latter is 63. 4 percent of the CPI. No Good Reason to Hike? Let's ignore food, gasoline, rent, medical care services, food, home prices, property taxes, and insurance because the price of home furnishings is falling....
There's a 59 Percent Chance of at Least One Fed Rate Hike by December
2+ week, 4+ day ago (702+ words) Inflation is running hot and the market expects the Fed to act. Looking ahead to March 2027, the expectation is 4. 02 percent up from 3. 69 percent on May 8. The change is slow but significant. We went from cuts, to no change, to one…...
Producer Price Index PPI Surges Another 1. 1 Percent in May
2+ week, 6+ day ago (1879+ words) The PPI jumped a revised 1. 1 percent in April and another 1. 1 percent in May. Biggest Leap in PPI since 2022 Please consider the BLS Producer Price Report for April 2026. PPI Final Demand Year-Over-Year PPI Final Demand Notes PPI Final Demand Services The…...
Consumer Price Index CPI Highest in Over Three Years, Another Disaster
3+ week, 15+ hour ago (1862+ words) Over the last 12 months, the CPI increased 4. 2 percent the most since April 2023. The BLS reports the'Consumer Price Index'for All Urban Consumers (CPI-U) increased 0. 5 percent on a seasonally adjusted basis in May, after rising 0. 6 percent in April. Over the last 12 months,…...
Small Business Hiring Plans Are the Lowest in Six Years
3+ week, 1+ day ago (391+ words) The NFIB Small Business Optimism Index declines again. The National Federation of Independent Businesses NFIB reports NFIB Small Business Optimism Index Declines in May. The'NFIB Small Business Optimism Index'fell 0. 6 points in May to 95. 3, remaining below its 52-year average of 98. 0. The…...