Posts Tagged ‘Curt Long’

2022 labor market ends on a high, says NAFCU Chief Economist

2022 labor market ends on a high, says NAFCU Chief Economist

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 [...]

Retail sales see no change in September

Retail sales see no change in September

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 [...]

Inflation was ‘hotter than expected’ says NAFCU Chief Economist

Inflation was ‘hotter than expected’ says NAFCU Chief Economist

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 [...]

May jobs report lower than expected

May jobs report lower than expected

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 [...]

NAFCU’s Long provides insights into new GDP, home sale data

NAFCU’s Long provides insights into new GDP, home sale data

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 [...]

Long to NCUA: Budget increases not necessary to adapt, innovate

Long to NCUA: Budget increases not necessary to adapt, innovate

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 reach highest level since May 2006

Existing-home sales reach highest level since May 2006

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 [...]

Fed holds rates, notes slowing economic activity

Fed holds rates, notes slowing economic activity

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 [...]

Job gains, labor force participation drive January job growth

Job gains, labor force participation drive January job growth

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." "[...]

CPI sees growth; no rate changes expected

CPI sees growth; no rate changes expected

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 [...]

Stay connected to the credit union community with our free newsletter!

Delivered to the inboxes of thousands of credit union leaders daily.

You have Successfully Subscribed!