July CPI report due Aug. 12 after June energy-driven decline
The July CPI report is due Aug. 12. June prices fell as energy costs dropped, but food, shelter and underlying costs remain key household concerns.
The July CPI report is due Aug. 12. June prices fell as energy costs dropped, but food, shelter and underlying costs remain key household concerns.
June CPI fell 0.4% as energy and gasoline prices dropped, but groceries and shelter rose, leaving households with a higher overall price level.
U.S. job openings eased to 7.4 million in June while hiring, quits and layoffs stayed broadly stable ahead of Friday’s broader jobs report.
U.S. households increased inflation-adjusted spending in June, but slower income growth, lower saving and persistent inflation raised questions about resilience.
The U.S. trade deficit narrowed in June as imports fell more than exports, but the data do not show whether tariffs caused the shift or lowered prices.
Layoffs remain historically low, but cautious hiring and longer job searches are creating different pressures for employed workers and job seekers.
Preliminary June data show a 3.6% unemployment rate, 281,600 payroll jobs and uneven sector performance across the Winston-Salem metropolitan area.
The economy grew 1.5% in the second quarter, but trade and inventories clouded the picture. Jobs, productivity and inflation data will test its strength.
U.S. construction spending edged down in June, while activity in the first half of 2026 was 3.5% below the same period in 2025.
Maryland added an estimated 900 jobs in June and 17,800 during the first half of 2026, but transportation, manufacturing, retail and wholesale employment fell.
U.S. consumer confidence fell in July as national gasoline and diesel prices climbed, signaling household concern without proving that consumer spending has slowed.
United States Small Business and Main Street Economy – May job openings were flat overall, but firms with 1 to 9 workers saw openings and hires fall.
New Orleans LA – Essence Fest is drawing heavy crowds, hotel demand and downtown traffic over the July 4 weekend as city leaders and organizers negotiate what comes next.
United States Evening Breaking National Update – June payrolls rose 57,000, unemployment held at 4.2%, and lower revisions point to a cooler labor market.
Weekly claims fell to 226,000, pointing to low layoffs, while May payrolls rose 172,000 and unemployment held at 4.3% in the national labor market.
Weekly claims fell to 226,000, signaling layoffs remain low as May payroll gains and April openings point to a cautious hiring pace.
United States Evening Economy Update – Weekly claims fell to 209,000, reinforcing a cooler but still steady labor market as the holiday weekend begins.
April hiring stayed positive, unemployment held at 4.3%, and a lower participation rate suggests a cooler labor market ahead.
April hiring topped expectations with 115,000 new jobs and unemployment steady at 4.3%, signaling a cooling but resilient U.S. labor market.
New BLS data show slower productivity and higher labor costs in Q1, a fresh signal on inflation, business margins, and Fed caution.