All Briefs
2022
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Employment Report Shows Continued Solid Job Growth
May 06 | Agron Nicaj, Associate Economist, The Conference Board | Comments (0)Today’s jobs report showed further job gains in April, following months of solid growth in the first quarter of 2022.
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Fed hikes rates by 50 basis points, the most in 22 years
May 04 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)As expected, the Fed hiked interest rates by 50 basis points today, the largest one-month increase in 22 years.
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Wage growth remains high amid labor shortages
April 29 | Agron Nicaj, Associate Economist, The Conference Board | Comments (0)The 2022 Q1 Employment Cost Index data revealed continued pressure on wages amid labor shortages.
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March spending & income growth undermined by high inflation
April 29 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Personal Income & Outlays data, released this morning, show an economy exiting the pandemic shock but entering a new one associated with the war in Ukraine.
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Economic Fundamentals Sound Despite Q1 2022 GDP Contraction
April 28 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)US Real Gross Domestic Product contracted by 1.4 percent (annualized) during the first quarter of 2022, missing the consensus forecast of 1.0 percent* growth.
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March Retail Sales Rise, but Inflation Undermines Impact
April 14 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This is the second consecutive month of weakness in real retail sales.
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Ukraine War Drives March CPI to 8.5% YoY
April 12 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This key measure of consumer price inflation is now at the highest rate recorded since December 1981.
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Employment Report Shows Strong Wage and Job Growth
April 01 | Agron Nicaj, Associate Economist, The Conference Board | Comments (0)Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report
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Rising Inflation Slows Household Consumption
March 31 | Erik Lundh, Senior Economist, Global, The Conference Board | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)Personal consumption slowed in February reflecting some likely payback from a surge in spending in January.