Economy

New York Fed Reports Deteriorating Household Financial Outlook

The Federal Reserve Bank of New York’s May 2026 Survey of Consumer Expectations shows a mixed but weakening picture of household sentiment. Short-term inflation...

US Job Growth Continues as Unemployment Holds Steady in May

The US labor market remained stable in May, with nonfarm payroll employment increasing by 172,000 jobs and the unemployment rate holding steady at 4.3...

Unit Labor Costs Rise as Productivity Growth Slows

US labor productivity continued to grow in the first quarter of 2026, though at a slower pace than initially estimated. According to the Bureau...

BEA Reports Modest Acceleration in US GDP Growth for Early 2026

The US Bureau of Economic Analysis (BEA) reported that real GDP grew at an annual rate of 1.6% in the first quarter of 2026,...

Unit Labor Costs Fall as Productivity Climbs in 2025 Trade Data

US labor productivity in both wholesale and retail trade increased in 2025, reflecting stronger output and improved efficiency across much of the sector, reports...

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