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Economy

Did retail sales grow because we bought more stuff, or did the stuff get more expensive?

by Justin Ho
Oct 17, 2023
The way the Census Bureau calculates its retail sales data wasn't an issue until prices started rising a couple years back.
Grocery store spending rose 0.4% in September, according to the Census Bureau.
Mario Tama/Getty Images
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September's real wages are expected to rise

by Mitchell Hartman
Oct 9, 2023
And that would mean your paycheck's purchasing power would be getting a boost relative to inflation.
Rising real wages means consumers are "making up for the consumption power that they lost when prices were rising faster than wages," says Erica Groshen, former Bureau of Labor Statistics commissioner.
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When will prices go back down?

by Kai Ryssdal and Maria Hollenhorst
Oct 6, 2023
The answer might disappoint you.
Inflation is slowing, but when will prices go back down? Above: Shoppers walk through a grocery store in Washington, DC.
Stefani Reynolds/AFP via Getty Images
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The job market might finally be returning to "normal," economists say

by Mitchell Hartman
Oct 5, 2023
Experts are predicting a slight decrease in wage growth, a drop that get us closer to pre-pandemic rates.
New September job market data comes out Friday, and economists expect we'll see a little less payroll growth than in August.
Andrew Caballero-Reynolds/AFP via Getty Images
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Most CEOs are confident about the future of the economy and their own company

by Samantha Fields
Oct 5, 2023
But fewer CEOs feel confident of their firm’s fortunes than last year, a KPMG survey shows. More execs also want people back in the office.
Last year, 95% of CEOs said they were confident about their own company’s growth prospects. This year, it's 79%. Still high, but a big drop.
asbe/Getty Images
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What do these high Treasury yields mean for the economy?

by Matt Levin
Oct 3, 2023
The yield on the 10-year Treasury note reached a 16-year high Tuesday. That benchmark rate lifts interest rates on other loans.
The Federal Reserve's interest rate policy is only part of the equation. Supply and demand for loans also influences yields.
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As student loan payments restart, borrowers feel the pinch. The economy might too.

by Henry Epp
Oct 2, 2023
Obligations resuming after three years could be a rude awakening for some. But by itself, it's not likely to start a recession, experts say.
The return of student loan obligations probably won’t tip us into a recession, but millions of Americans will feel the financial pinch, said Shannon Seery of Wells Fargo.
Brandon Bell/Getty Images
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The monumental task of measuring the GDP over and over again

by Kai Ryssdal and Maria Hollenhorst
Sep 28, 2023
The keepers of GDP continually update their calculations as more information becomes available.
Measuring the economy requires continually revising data as more data becomes available.
Stephane de Sakutin/AFP via Getty Images
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What the Fed's Summary of Economic Projections can reveal

by Nancy Marshall-Genzer
Sep 20, 2023
The quarterly report gives clues about how members of the Federal Open Market Committee see the economy and what future steps they might take.
In addition to an announcement on interest rates, the Federal Reserve will release its Summary of Economic Projections on Wednesday.
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The economy apparently shrank and grew at the same time

by Sabri Ben-Achour
Sep 15, 2023
Depending on how you measure it, the economy either grew or shrank, according to BEA statistics.
Gross domestic product, or GDP, and gross domestic income, or GDI, are different ways to measure the economy.
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