New European Central Bank (ECB) data shows American consumers and importers bearing the brunt of tariffs. “While tariffs are reshaping the geography of trade relations with the United States, their costs are falling mostly on domestic importers and consumers,” the ECB wrote in its Economic...
Consumer sentiment fell back 5.8% this month, ending a three-month positive streak and offsetting all the gains registered during that time, according to final March data from the University of Michigan’s Surveys of Consumers released Friday (March 27). The index now stands 6.5% below its...
The American labor market remains steady despite some recent high-profile layoffs. New data from the Department of Labor released Thursday (March 26) showed that the number of people who filed for unemployment last week ticked up slightly, from 205,000 to 210,000. Continuing claims, typically seen as...
Watch more: TechReg Talks With Progressive Policy Institute’s Dr. Michael Mandel Governments are reexamining technology as industrial policy confronts an era defined by artificial intelligence and uneven economic gains. Dr. Michael Mandel, chief economist and vice president at the Progressive Policy Institute, told Competition Policy...
Rising stock prices helped drive an increase in Americans’ net worth in the fourth quarter of 2025, the Federal Reserve said Thursday (March 19). The net worth of households and nonprofit organizations increased by $2.2 trillion during the quarter and reached $181.4 trillion as of...
Jobless claims decreased last week, surprising economists and signaling a labor market that remains steady despite the pressures caused by rising oil and gas prices. The number of initial claims for unemployment insurance declined by 8,000 during the week ended Saturday (March 14), the Department of...
The latest producer price data suggest that inflation is no longer being driven primarily by what businesses pay for goods, but by what those enterprises decide to charge as those goods move through the system. February’s Producer Price Index (PPI) came in above expectations, rising...
Firms’ year-ahead inflation expectations increased by 0.2 percentage points to 2.1% in March, according to the Federal Reserve Bank of Atlanta’s March Business Inflation Expectations (BIE) Survey. That figure is up from the 1.9% recorded in the February BIE Survey but down from the 2.5%...
The share of consumers who applied for credit products reached the highest level in over three years in February, according to the Federal Reserve Bank of New York. The application rate for any credit product over the 12 months ending in February reached 44.4%, up...