Sep 3, 2024
VOLUME 214: WEEK ENDING AUGUST 31, 2024 The Commerce Department reported that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, increased by 0.2% from the previous month. Annually, prices rose by 2.5%,...
Aug 26, 2024
VOLUME 206: WEEK ENDING AUGUST 24, 2024 The U.S. added 818,000 fewer jobs between the spring of 2023 and the spring of 2024 than originally reported, representing a 0.5% reduction from the initial figures. This is the largest downward revision since 2009,...
Jul 31, 2024
Summary On Wednesday, July 31, 2024, the Federal Open Market Committee (FOMC) voted unanimously to hold the federal funds rate at a target range of 5.25–5.50%. This marks over a year and eight consecutive meetings since the Committee last adjusted the target range,...
Jul 1, 2024
VOLUME 206: WEEK ENDING JUNE 29, 2024 The Federal Reserve’s preferred measure of inflation eased slightly in May, reaching its lowest level in over three years, potentially strengthening the case for an autumn rate cut.The Bureau of Economic Analysis’ PCE...
Jun 27, 2024
The U.S. multifamily market has faced pressure in recent quarters. Occupancies have slipped due to a rise in development, resulting in the highest levels of completion in decades. As a result, vacancies have shifted more rapidly in demographic hotspots in the...
Jun 3, 2024
Volume 202: Week Ending June 1, 2024 The PCE index increased by 0.3% last month, while the core rate, which excludes food and energy and is the Federal Reserve’s preferred measure, rose by a modest 0.2%. This marks the smallest gain since December 2023.The...
