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Productivity growth beats forecasts in second quarter

Aug 1, 2024
Real wages also grew. To some extent, productivity growth offsets the inflationary effect of pay gains.
Because productivity grew alongside wages, economists aren't concerned about a wage-price spiral.
Frederic J. Brown/AFP via Getty Images

Economic data is looking good. So why the glum vibes?

Jun 25, 2024
Unemployment is near record lows, GDP is growing, inflation has been trending down, wages are up. But in spite of it all, people are feeling bad.
One reason for all the economic angst? A very positive reference point from earlier in the pandemic might make some consumers feel like nothing will compare.
Justin Sullivan/Getty Images

Like the Fed, corporations also eagerly await economic data

May 22, 2024
This year, bigger-than-expected inflation reports are playing a role in determining when companies decide to borrow money by issuing bonds.

When will rates go down? The answer rests on conflicting economic data.

Apr 4, 2024
The numbers are sending positive and negative signs, making the future of inflation, and the timing of Fed interest rate cuts, uncertain.

The Fed loves a data buffet. What's on the menu these days?

Mar 20, 2024
Beyond government reports on inflation and jobs, it examines bank and payment processor data along with factory output, credit and rents.

For public good, not for profit.

Who cares what CEOs think about the economy? You probably should.

Jun 7, 2023
CEOs may not be economic wizards. But they have access to crucial data and make decisions that influence the economy.
Apple CEO Tim Cook is among the executives who participated in the Business Roundtable's quarterly survey, which predicted GDP growth of 1.5% this year.
Justin Sullivan/Getty Images

So how are consumers feeling about the economy post-SVB?

Mar 30, 2023
It may be hard to tell from some data out Friday, which is for February. But we may still get a read on whether consumer sentiment is changing.

How much should we trust "seasonally adjusted" numbers these days?

Mar 8, 2023
January was an outlier for jobs, spending and inflation — but can we rely on seasonally adjusted data when the past three Januarys have been so weird?