U.S. employers cut 23,000 jobs in July when economists expected an 85,000 gain. With 103K in downward revisions to May and June, the labor market is...
Initial jobless claims rose just 1,000 to 199,000, beating expectations, while layoffs hit a two-year low. The labor market holds firm heading into...
The U.S. trade deficit narrowed to $73.3B in June as factory orders fell 0.3%, missing expectations. The ISM PMI says factories are expanding; the hard...
With 7.6M job openings, 349K construction workers needed in 2026, and labor force participation at a 5-year low, America's structural labor shortage is...
ISM manufacturing PMI jumped to 55.6 in July, crushing the 54.0 consensus as factory employment swung back into growth. Oil plunged 7% on Iran peace hopes.
PCE prices fell 0.1% in June — the first decline in years — while the Employment Cost Index held at 0.9% for Q2. The Fed just got its best inflation...
Q2 GDP missed expectations at 1.5%, but PCE prices fell for the first time in months and equipment investment held strong. Plus: the 9-3 FOMC vote that...
Consumer confidence fell 1.4 points to 90.8 in July, its third straight monthly decline, as the FOMC meets to decide on rates with a 38% chance of a...
The U.S. goods trade deficit fell to $101.5 billion in June, beating expectations, while FHFA data showed home prices up 2.2% year-over-year. A packed...
America has 7.6M job openings and exactly 1 unemployed person per opening. Construction needs 349K workers. Here's why the labor shortage is now a...