Federal Open Market Committee’s meeting minutes (July 30–31, 2024) show that the Fed’s staff see the Labor Market as rebalancing instead of weakening (read US labor market is neither shrinking nor expanding, […]
The week ending on 2024-08-17 registered a preliminary number of 232,000 new claims. The US Department of Labor’s reported number is not significantly different than its previous ten weeks running average of […]
The week ending on 2024-08-10 registered a preliminary number of 227,000 new unemployment insurance claims. The US Department of Labor’s reported number is significantly lower than its previous ten weeks running average […]
The reported number of unemployed people (7,163,000) plus the weekly mean of Unemployment Insurance Initial Claims (240,000) pushed the US Unemployment Rate to almost 4.4% during the month of July 2024. Interpreting […]
Despite recent labor market cooldown news, data show price increases may have a greater risk than unemployment rate increases. Analysts looking to understand the balance of risk within the Federal Reserve dual […]
County Unemployment Rate Worcester County 3.4 Allegany County 2.9 Baltimore city 3 Cecil County 2.3 Baltimore County 2.3 Carroll County 1.7 Calvert County 1.9 Dorchester County 2.4 Anne Arundel County 1.9 Frederick […]
The number of salaried workers, which excludes self-employed, decreased to levels seen in the third quarter of 2022. The annual percent change registered a negative number (-1% on an annual basis) only […]
International trade contributes mixed signals on import prices as fuel and major trade partners’ prices offset each other. Prices for all import items from Canada, Mexico, and Europe increased by 3.2 percent […]
Core Inflation remains over the Federal Reserve Target 2% mostly driven by Cost of Shelter. However, Cost of Shelter shows a lagged effect from monetary tightening. It is a matter of time and […]
Despite increases in sector productivity and median home prices, recent events on commission distribution and high interest rates on mortgages have led the real estate business activity to slow down in the […]
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