Economic Indicators

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How GDP Tells Us if We're in a Recession | WSJ
How GDP Tells Us if We're in a Recession | WSJ
The U.S. economy contracted 4.8% in the first quarter of 2020. With the coronavirus crisis continuing into the summer, economists are expecting an even steep...
derek68·youtube.com·
How GDP Tells Us if We're in a Recession | WSJ
U.S. Inflation Is Normalizing
U.S. Inflation Is Normalizing
The temporary acceleration in price increases is already fading. But keep an eye on a few consumer services dependent on low-wage workers.
derek68·theovershoot.co·
U.S. Inflation Is Normalizing
US consumer prices rose in July but at slower pace
US consumer prices rose in July but at slower pace
WASHINGTON (AP) — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.
derek68·apnews.com·
US consumer prices rose in July but at slower pace
Mapped: GDP per Capita Worldwide
Mapped: GDP per Capita Worldwide
GDP per capita is one of the best measures of a country's standard of living. This map showcases the GDP per capita in every country globally.
derek68·visualcapitalist.com·
Mapped: GDP per Capita Worldwide
Mapped: Global Happiness Levels in 2021
Mapped: Global Happiness Levels in 2021
Global happiness levels are determined by many diverse factors. These maps look at the happiest and unhappiest countries in every region.
derek68·visualcapitalist.com·
Mapped: Global Happiness Levels in 2021
U.S. job growth surges most in 10 months, jumping past forecast
U.S. job growth surges most in 10 months, jumping past forecast
U.S. job growth accelerated in June, with payrolls gaining the most in 10 months, suggesting firms are having greater success recruiting workers to keep pace with the broadening of economic activity.Nonfarm payrolls increased by 850,000 last month and the unemployment rate edged up to 5.9 percent,…
derek68·crainsdetroit.com·
U.S. job growth surges most in 10 months, jumping past forecast
Inflation ahead? Even a top economist says it's complicated
Inflation ahead? Even a top economist says it's complicated
WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.
derek68·apnews.com·
Inflation ahead? Even a top economist says it's complicated
Why Interest Rates Have to Stay Low For a Very Long Time
Why Interest Rates Have to Stay Low For a Very Long Time
Inflation is finally here, at its highest level since the aftermath of the 2008 crisis:We don't know if it's going to last but wages are finally rising, there is a shortage of seemingly everyt
derek68·awealthofcommonsense.com·
Why Interest Rates Have to Stay Low For a Very Long Time
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
It's not just the loss of current income during the COVID crisis that will hurt millions of women financially, but also reduced future earnings and retirement benefits that will likely follow. As one economist put it, women may "eat the cost of the pandemic for the rest of their working lives."
derek68·newsweek.com·
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
Median PCE Inflation
Median PCE Inflation
The median PCE is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of inflation and picks the one in the middle as the measure of the longer-term trend in prices. Its construction makes it less sensitive to short-lived price fluctuations, thereby capturing the trend in prices. Released monthly.
derek68·clevelandfed.org·
Median PCE Inflation
US jobless claims fall again as some states end federal aid
US jobless claims fall again as some states end federal aid
WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week — the latest encouraging sign for the rebounding U.S. economy — just as Republican-led states are moving to cut off a federal benefit for the jobless.
derek68·apnews.com·
US jobless claims fall again as some states end federal aid
Inflation 101
Inflation 101
We provide explanations of basic and fundamental concepts on the definition of inflation, measurement of inflation, costs of inflation, the importance of measuring and controlling inflation, the role of the Federal Reserve in inflation, and other concepts such as price indexes, hyperinflation, trend and underlying inflation, measures of inflation like CPI, core CPI, median CPI, trimmed-mean CPI, PCE, core PCE, and trimmed-mean PCE.
derek68·clevelandfed.org·
Inflation 101