Economic Indicators
Ending Pandemic Unemployment Benefits Linked to Job Growth
A new state-level analysis finds that ending emergency unemployment benefits had a statistically significant positive impact on employment.
Services inflation worst since 1982, housing CPI heats up, but energy prices plunge
The CPI number came in at 8.5%, from 9.1% in June, as food prices continued to spike but gasoline and nat gas prices fell and durable goods prices backed off. Services CPI rose to 6.25%.
Analysis: Climate change, scarcity chip away at degrowth taboo
Degrowth - the idea that a finite planet cannot sustain ever-increasing consumption - is about the closest you can get to a heresy in economics, where growth is widely held as the best route to prosperity.
EconExtra: Which Inflation Measure is "Best?" - Blog
There are many measures of inflation available. Which one should we be focusing on? The July CPI was announced this week, and Federal Reserve’s preferred measure, the PCE index, will be announced on August 26. These two series each have variations, and there are still other measures available.
America’s favorite family outings are increasingly out of reach
Taking the kids to a baseball game, a movie, or Disneyland is a bigger financial commitment than it used to be for middle-class families.
US economy sending mixed signals: Here's what it all means
WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead .
The weird contradictions rendering the US economy inexplicable
US economic data from production to credit is diverging in surprising ways
GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal
Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate.
The $100 Trillion Global Economy in One Chart
Despite ripple effects from conflict and inflation, global growth continues. According to the IMF, the global GDP will hit $104 trillion by end of year.
GDP Report May Have Showed a Decline, but It's Not a Recession
While there's a risk of recession for 2023, any decline should be mild and short-lived.
Mapped: The 25 Poorest Countries in the World
Which countries have the lowest GDP per capita? This map looks at the 25 poorest countries in the world in terms of GDP per capita.
Meat Prices Are Hitting BBQ Joints Hard
Meat prices increased more than any other food category, but what happens when a BBQ restaurant believes they can't raise prices or even reduce portion sizes?
How inflation is affecting your wallet at MLB concession stands
The effects of inflation have rippled through consumer prices, from gas to groceries to stadium concessions. ESPN polled food and beverage vendors and reps for MLB's 30 teams to find out how much fans are paying for their favorite ballpark eats.
How will we know if we’re in a recession?
These are the most important indicators economists and forecasters are watching.
Inflation | The Flip Side
Get the most intelligent quotes from both sides—in a free, 5-minute email a day.
US inflation surges again in June, raising risks for economy
WASHINGTON (AP) — U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively -- trends that raise the risk of a recession .
Copper price plunges to 20-month low and historic recession alarm bells are ringing
The metal has entered a bear market before every recession in the last 30 years.
With Recession Threatening, The Lipstick Effect Kicks In And Lipstick Sales Rise
NPD Group reports that sales of lipstick are rising more than twice as fast as other products in the beauty category this year. This lends more credence to the Lipstick Effect theory that in tough economic times, sales of lipstick rise.
Surveys of Consumers
The bad economic news that the Fed is looking for 👀
The economy has been surprisingly disappointing 👎
Better Explanations for Inflation
"We have enough information to conclude policy mistakes, especially on the demand side, go a long way toward explaining today’s inflation." ~ Alexander William Salter
GDPNow
Provides a "nowcast" of the official GDP growth estimate prior to its first release.
Inflation killed the $1 pizza slice. Long live the 99c iced tea
A viral tweet claimed the AriZona Iced Tea was raising its price from 99 cents to $1.29. It wasn't true, but could it happen in the near future?
Cost of July 4th Cookout 17% Higher Compared to Year Ago
The average cost of a summer cookout for 10 people is $69.68, which breaks down to less than $7 per person. The overall cost for the cookout is up 17% or about $10 from last year.
24 charts that show we’re (mostly) living better than our parents
Ignore the haters: living standards have improved a lot since the 1980s.
Inflation Nowcasting
The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the consumer price index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.
Everything You Need to Know About Recessions
The economic cycle is a series of peaks and valleys. Analyzing economic data going back to 1950 helps put recessions into perspective.
Visualizing the History of U.S. Inflation Over 100 Years
Is inflation getting higher? In this infographic we explore how inflation rates have evolved over the last century, putting current numbers into context.
Visualizing the Three Different Types of Inflation
What are the different types of inflation? Which economic forces impact each type? Below, we chart each over modern history.