Fed Chairman said the labor market’s surprising strength “ shows you why we think this will be a process that takes a significant period of time”. Carol VencilFebruary 10, 2023
Federal Reserve Bank of New York raised interest rates a quarter-point to 4.75%, noting inflation has eased somewhat. Carol VencilFebruary 3, 2023
U.S economic growth cooled to a 2.9% annual rate in Q4, after year of high inflation and rising interest rates. Carol VencilJanuary 27, 2023
Domestic retail sales grew 5.3% over 2021 for the period November 1 thru December 31 per the National Retail Federation, weaker than expected. Carol VencilJanuary 20, 2023
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, 2023
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
The European Central Bank raised interest rates by 0.75 points, marking its biggest rate increase for over 20 years. Carol VencilSeptember 9, 2022