Behind the Numbers Archive

  • Behind the Numbers - Jul 21, 2023

    The Spending Spree Continues - Consumers continued to spend in June but at a weaker pace than expected. Retail sales increased 0.2% last month, less than half the pace of May. Sales increased in seven out of...
  • Behind the Numbers - Jul 14, 2023

    Is This the Beginning of the End? - June may become the month noted for when inflation turned the corner. Consumer prices rose 0.2% in June at both the headline and core levels, with the core rate the...
  • Behind the Numbers - Jul 7, 2023

    Moderate Is Still Good - The U.S. added 209,000 jobs in June, less than expected and much lower than the ADP Employment report of 497,000 jobs. This is the lightest monthly gain since...
  • Behind the Numbers - Jun 23, 2023

    Inflation Fighting Kicks Into High Gear - Aftershocks have the most impact. Powell and Co. filled the airways this week with post-FOMC meeting chatter. The take-away from Federal Reserve Chair Jerome Powell’s...
  • Behind the Numbers - Jun 16, 2023

    The Fed Gives More Than Expected - This week’s FOMC decision to take a break from raising the benchmark lending rate was fully expected. What wasn’t expected was the very hawkish outlook...