Housing Starts Down 5th Straight Month

Housing starts fell in January, HUD and the Census Bureau reported Thursday, marking the fifth straight monthly drop, the longest streak of declines since 2009.

January Consumer Prices Rise; Not Out of Woods Yet

Consumer prices rose by 0.5 percent in January and by 6.4 percent annually, the Bureau of Labor Statistics reported Tuesday, as rising food and energy prices reminded consumers that inflation—while well down from its earlier peak—is taking its time getting back to normal.

January Jobs Report Smashes Expectations

The labor market defied expectations of even the most skeptical forecasts in January, adding a remarkable 517,000 jobs, the Bureau of Labor Statistics reported Friday.

December Construction Spending Down 0.4%

The Census Bureau on Wednesday said December construction spending fell by 0.4 percent, with overall residential spending falling for the seventh straight month.

January Employment Data Mixed

The first two of four major employment reports this week offered a mixed bag of data, reflecting the current volatility in the U.S. jobs market.

Existing Home Sales Drop 11th Straight Month

Existing home sales fell for the 11th straight month in December, the National Association of Realtors reported Friday—but the news wasn’t all that bad.

Housing Starts Finish 2022 at 6-Month Low

Housing starts ended 2022 down for the second straight month to their lowest level since last July, HUD and the Census Bureau reported Thursday.

Inflation Takes Step Back

Inflation—a highly regarded component of Federal Reserve policy—declined in December and slowed on an annual basis, the Bureau of Labor Statistics reported Thursday.