U.S. inflation slowed to 6.5% in December, marking the sixth straight monthly deceleration since a mid-2022 peak, per WSJ. Carol VencilJanuary 13, 2023
U.S employers added 223,000 jobs in December; while some job cuts are being announced, the overall labor market remains tight. Carol VencilJanuary 6, 2023
Mastercard SpendingPulse and Stephen Sadove reported that U.S retail sales, excluding auto, increased 7.6% YoY holiday season; noting “this holiday retail season looked different than years past”. Carol VencilJanuary 3, 20232023
U.S. consumer spending rose in November modestly as inflation eased, per U.S. Department of Commerce. Carol VencilDecember 23, 2022
The Federal Reserve Bank of New York Bank raised interest rates 0.5% to 4.5% and signaled rates will rise again. Carol VencilDecember 16, 2022
ICSC New York event reports seeing “strong interest from retailers” opening stores and suggests inflation could impact progress on new developments. Carol VencilDecember 9, 2022
Retail sales rose 1.3% in October as consumer spent more at auto dealers, furniture stores, and grocery stores, as per the U.S. Department of Commerce. Carol VencilNovember 18, 2022
Consumer prices rose 7.7% vs. October 2021, reports the US Department of Labor – which is the smallest 12-month increase since January 2022. Carol VencilNovember 11, 20222022
The Federal Reserve Bank of New York raised rates another 0.75% and signaled more was coming, noting “the path for a soft landing is narrowed although hard to say and still possible". Carol VencilNovember 4, 20222022
US inflation-adjusted GDP rose 0.6% in the third quarter following two consecutive quarters of decline, per the U.S. Department of Commerce. Carol VencilOctober 28, 20222022
September retail sales were flat vs. last month due to higher prices cutting into consumer spending power (still up 8.2% YOY), reports the U.S. Census Bureau. Carol VencilOctober 21, 20222022
U.S inflation eased slightly in September to 8.2% with underlying prices excluding energy and food accelerating to a four-decade high. Carol VencilOctober 14, 20222022
Employers added 263,000 jobs in September down from August; the unemployment rate fell to 3.5% per U.S. Department of Labor. Carol VencilOctober 7, 20222022
U.S. consumers increased spending in August by 0.4% per U.S Department of Commerce. Carol VencilSeptember 30, 2022
Inflation did not ease in August, with an 8.3% rise in the Consumer Price Index, reported the Bureau of Labor Statistics. Carol VencilSeptember 16, 20222022
The European Central Bank raised interest rates by 0.75 points, marking its biggest rate increase for over 20 years. Carol VencilSeptember 9, 2022
US employers added 315,000 jobs in August, a slower but solid pace in a still tight labor market. Jobless rate rose to 3.7%. Carol VencilSeptember 2, 2022
Consumer spending edged up .01% in July as inflation remains four decades high. Carol VencilAugust 26, 20222022
American consumers continued to spend in July, reported the U.S. Census Bureau but overall retail sales were flat on the month. Carol VencilAugust 19, 2022
July’s inflation reading eased to 8.5% vs. LY, a good sign although the annual rate remained close to four-decade high. Carol VencilAugust 12, 20222022
