Hiring, Wages Ease in December
The U.S. labor market is losing momentum as hiring and wage growth cooled in December, showing the effects of slower economic growth and the Federal Reserve’s interest-rate increases.
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U.S. Inflation Slows for Sixth Straight Month
U.S. inflation eased in December for the sixth straight month following a mid-2022 peak as the Federal Reserve aggressively raised interest rates and the economy showed signs of cooling.
Read moreDiesel-Fuel Costs
As of May 17, the national average cost of a gallon of diesel fuel is $5.57 — which is a
Read moreInflation Top Problem Facing Country Today
The public views inflation as the top problem facing the United States – and no other concern comes close
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Shift to Domestic Supply Chain Could Fuel Inflation
While supply-chain bottlenecks should eventually ease, other trends could persist: policies such as tariffs and “Buy American” procurement rules, businesses moving production back to the U.S., and depressed immigration inflows.
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