News
Revisions and noise push jobless rate down to 4. 2%
1+ hour, 10+ min ago (998+ words) The Real Economy Blog Economic News from RSM Jul. 2, 2026 by Joseph Brusuelas During the first six months of the year, the initial estimate of U. S. hiring has featured large rolling revisions, both up and down, which in turn have reduced the…...
Market Minute: We expect a gain of 180, 000 jobs in June
2+ day, 20+ hour ago (405+ words) The Real Economy Blog Economic News from RSM Jun. 30, 2026 by Joseph Brusuelas A unique confluence of events should converge to support a net increase of 180, 000 jobs in June when the monthly employment data is released on Thursday. In addition, we…...
Market Minute: Guns, butter and inflationary pressures
3+ day, 14+ hour ago (867+ words) The Real Economy Blog Economic News from RSM Jun. 29, 2026 by Joseph Brusuelas Monthly new orders for defense contractors of capital goods increased to $22 billion in April, with the 12-month sum of $225 billion 27% higher than in the same period last year....
Market Minute: What does the Dallas Fed trimmed mean tell us about inflation?
6+ day, 13+ hour ago (510+ words) The Real Economy Blog Economic News from RSM Jun. 26, 2026 by Joseph Brusuelas We think that with the sharp decline in oil prices, top-line inflationary growth has peaked. Core pressures amid sticky service sector prices, AI-inspired competition for scarce resources and…...
Inflation peaked in May, but return to pre-war levels not coming soon
1+ week, 1+ hour ago (836+ words) The Real Economy Blog Economic News from RSM Jun. 25, 2026 by Joseph Brusuelas It is highly likely that inflation peaked in May, given the sharp 38. 8% decline in West Texas Intermediate oil prices from its May apex, so one should expect a…...
Market Minute: At the FOMC meeting, a rate hike to be determined later
2+ week, 1+ day ago (462+ words) The Real Economy Blog Economic News from RSM Jun. 17, 2026 by Joseph Brusuelas The confluence of events over the past couple of weeks has caused a reset of investor expectations regarding what and when the Federal Reserve's next move will be....
Market Minute: Financial conditions remain a modest tailwind
2+ week, 2+ day ago (282+ words) The Real Economy Blog Economic News from RSM Jun. 16, 2026 by Joseph Brusuelas The RSM US Financial Conditions Index implies an economy with a modest tailwind as news of an extended ceasefire and the upcoming reopening of the Strait of Hormuz…...
Market Minute: Warsh will face a searing credibility test
2+ week, 3+ day ago (858+ words) The Real Economy Blog Economic News from RSM Jun. 15, 2026 by Joseph Brusuelas Kevin Warsh will face a searing credibility test in his first meeting as the new chair of the Federal Reserve on Wednesday as he seeks to balance his…...
Market Minute: Gas price volatility is an echo of past crises
3+ week, 11+ hour ago (608+ words) The Real Economy Blog Economic News from RSM Jun. 11, 2026 by Joseph Brusuelas Gasoline prices have eased in June, with the U. S. average price dropping by 4% to $4. 15 on June 10. Keep in mind, though, that the national average price is more than 40% higher…...
Bank of Canada holds interest rate amid global uncertainty, domestic strain
3+ week, 1+ day ago (495+ words) The Real Economy Blog Economic News from RSM Jun. 10, 2026 by Joseph Brusuelas The Bank of Canada kept its key interest rate at 2. 25 per cent on Wednesday'a fifth consecutive hold'due to the elevated level of uncertainty around the direction of the…...