Stay Informed and Stay Ahead: Report Series, June 19th, 2024 U.S. Economic Reports Series: Personal Consumption Expenditures (PCE) Indexes Key Highlights Preferred Measure: The Federal Reserve’s preferred measure of inflation is the Personal Consumption Expenditures (PCE) Price Index, specifically the Core PCE Price Index. Inflation Target: The Fed aims for a long-term inflation target of … Read more
Stay Informed and Stay Ahead: Report Series, June 11th, 2024 U.S. Economic Reports Series: Weekly Petroleum Status Report The Weekly Petroleum Status Report by the EIA provides data on U.S. petroleum supply, including crude oil and product inventories, imports, refinery operations, and production. It helps traders and analysts understand market trends and supply-demand dynamics. This … Read more
Stay Informed and Stay Ahead: Report Series, June 7th, 2024 U.S. Economic Reports Series: Jobs Employment Report Key Highlights Job Growth Exceeds Expectations: Employers added 272,000 jobs, surpassing the forecast of 182,000. Unemployment Rate Rises: Unemployment increased to 4%, the highest in over two years. Market Reaction: S&P 500 futures initially dropped but rebounded as … Read more
Stay Informed and Stay Ahead: Report Series, June 6th, 2024 U.S. Economic Reports Series: ADP® National Employment Report Based on payroll data from approximately 400,000 U.S. business clients, the ADP report is released two days before the government’s Labor Market Report and is often used as a predictor. The ADP National Employment Report, published monthly … Read more
Stay Informed and Stay Ahead: Report Series, June 4th, 2024 U.S. Economic Reports Series: Job Openings and Labor Turnover Summary (JOLTS) The Job Openings and Labor Turnover Summary (JOLTS) is a monthly report released by the U.S. Bureau of Labor Statistics (BLS). It provides key insights into the job market, including job openings, hires, and … Read more