The Bureau of Labor Statistics issued the final 2022 jobs report Friday, which revealed that the unemployment rate fell from a downwardly revised 3.6 percent to 3.5 percent in December. NAFCU Chief Economist [...]
During yesterday's NCUA Board 2023-2024 budget briefing, NAFCU Chief Economist and Vice President of Research Curt Long thanked the board for its ongoing commitment to transparency surrounding the budget while stressing the need for the [...]
Total retail sales saw no change in September following an increase of 0.4 percent in August. NAFCU Chief Economist and Vice President of Research Curt Long analyzed the report in a new NAFCU Macro [...]
On a seasonally-adjusted basis, overall consumer prices rose 1.3 percent in June, with the Bureau of Labor Statistics reporting that the overall consumer price index (CPI) grew by 9 percent year-over-year. NAFCU Chief Economist [...]
The Federal Open Market Committee (FOMC) Wednesday released minutes from its January meeting which revealed most participants believe it would be appropriate for the committee to remove policy accommodation at a faster pace than they [...]
The Bureau of Labor Statistics reported non-farm payrolls increased 559,000 in May, and the unemployment rate fell to 5.8 percent. NAFCU Chief Economist and Vice President of Research Curt Long analyzed the report [...]
The Bureau of Labor Statistics revealed non-farm payrolls increased 916,000 in March, with the unemployment rate dipping to 6 percent. NAFCU Chief Economist and Vice President of Research Curt Long analyzed the report in [...]
According to the Commerce Department's initial estimate of 2020 fourth quarter economic growth, the U.S. economy grew 4 percent, but real GDP declined 3.5 percent over the year due largely to the coronavirus [...]
During yesterday's NCUA Board 2021-2022 budget briefing, NAFCU Chief Economist and Vice President of Research Curt Long thanked the board for its budget transparency and stakeholder engagement, and encouraged the agency to "continue to find [...]
Existing-home sales rose 9.4 percent in September to a seasonally-adjusted rate of 6.54 million units, the highest level since May 2006. In a new Macro Data Flash report, NAFCU's Curt Long noted that [...]
The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. The committee noted it "expects to maintain this target range until it [...]
"The first full month of nationwide stay-at-home orders was catastrophic for retail sales," said NAFCU Chief Economist and Vice President of Research Curt Long in a new NAFCU Macro Data Flash report. Total retail sales [...]
Yesterday, the Federal Open Market Committee (FOMC) held its April committee meeting and maintained the federal funds target rate range of 0 to 0.25 percent. NAFCU Chief Economist and Vice President of Research Curt [...]
With 225,000 jobs gained last month, NAFCU Chief Economist and Vice President of Research Curt Long said the report was "a good one," noting "sturdy job gains and rising rates of labor force participation." "[...]
On a seasonally adjusted basis, overall consumer prices increased 0.2 percent in December following a 0.3 percent rise in November. NAFCU's Curt Long, in a new Macro Data Flash report, attributed the growth [...]
