Import Prices Fell 0.4%—But the Nonfuel Inflation Signal Got Worse
ECONOMY & TRADE Cheaper imported fuel pulled the headline lower in July, while nonfuel import prices rose and posted their…
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Economy & Trade
Homebuilding Fell 12.4%. Permits Say the Housing Story Is Not Over.
ECONOMY & HOUSING America’s housing pipeline sent two very different signals in July. Builders started fewer homes and completed fewer…
The Canada Tariff Deadline: What the 50% Duty Actually Covers
ECONOMY & TRADE A new U.S.–Canada tariff deadline is approaching with negotiations still capable of changing the outcome. Three presidential…
Retail Sales Fell 0.6%. Here’s What the Consumer Pullback Really Says.
ECONOMY & TRADE American consumers pulled back in July, but the headline decline is more useful as a warning light…
Producer Inflation Was Flat. The Cost Pipeline Was Not.
ECONOMY & TRADE Falling energy masked firmer service and construction costs, leaving businesses with a split inflation signal. The practical…
Inflation Cooled to 3.4%. The Household Squeeze Did Not Disappear.
July inflation cooled to 3.4%, but real hourly earnings slipped. Here is what the category-level data means for household budgets, businesses and the Federal Reserve.