BEA: PCE Price Index
The BEA released the PCE Price Index this morning and is shows improvement and disappointment. While overall PCE year-over-year has declined, core PCE has come in hotter than expected. The…
September 2024 – Social Security Enrollments
The social security office released the September 2024 snapshot and it’s a 49% jump from August. For September 2024, there were 133,000 net new social security enrollees over the age…
BLS: September PPI
The BLS released the September PPI report and like the CPI it’s not good news. PRODUCER PRICE INDEXES - SEPTEMBER 2024The Producer Price Index for final demand was unchanged in…
BLS: September CPI
The BLS released the September CPI report and it’s not good. Inflation rose. Consumer Price Index Summary CONSUMER PRICE INDEX - SEPTEMBER 2024The Consumer Price Index for All Urban Consumers…
BLS: JOLTS – August 2024
The BLS released the August JOLTS report and it shows a continued high elevated job openings of nearly 9 million. From the BLS: JOB OPENINGS AND LABOR TURNOVER – AUGUST…
Labor Shortages In 2032 & Today
The HR Digest had two interesting articles on labor shortages. The first is an article on a report from Lightcast which projects a deficiency of 6 million workers by 2032.…
FDIC Insurance Historical Coverage
We’ve not been posting much economic data because we’ve been captivated by the banking system and FDIC insurance coverage. Have you ever wondered why FDIC insurance coverage isn’t adjusted for…
The Fed Cuts 50 Basis Points!
Unbelievable but understandable. The Fed cut 50 basis points and if this trend continues into the rest of ’24 and into ’25 then we will truly be repeating the inflation…
BLS: CPI August 2024
The BLS released the August CPI Report and there is finally progress on inflation. CONSUMER PRICE INDEX - AUGUST 2024The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2…
July 2024 – Social Security Enrollments
The social security office released the July 2024 snapshot and it’s a 217% jump from last month but we think last month was an anomaly but the trend has returned…