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Inflation falls to 3.1% in November in positive sign for economy

Inflation dropped a tenth of a percentage point to 3.1% for the year ending in November, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index, a welcome development as the Federal Reserve grapples to contain prices.

White-house , District-of-columbia , United-states , Joe-biden , Brad-mcmillan , Commonwealth-financial-network , Federal-reserve , Bureau-of-labor-statistics , Labor-statistics , President-joe , Commonwealth-financial , 2024-inflation

Economy defies recession predictions with 199,000 jobs in November

The economy surpassed expectations in November and added 199,000 jobs, the Bureau of Labor Statistics reported Friday, a sign the labor market is holding up despite the Federal Reserve's efforts this year to bring down inflation through interest rate hikes.

White-house , District-of-columbia , United-states , Philadelphia , Pennsylvania , Rubeela-farooqi , Sean-snaith , Joe-biden , Federal-reserve-bank , Institute-for-economic-forecasting , Federal-reserve , University-of-central-florida

Adaptive Economic Landscapes: Insights from CloudQuant's Alt Data

As we edge closer to the year's end, the economic narrative of the United States continues to evolve, marked by subtle shifts and emerging patterns.

United-states , Americans , America , Gary-drenik , Morgan-slade , Nasdaq , Morgan , Labor-department , Federal-reserve , Yoy-core , Prosper-insights , Macroeconomics

brand studio lifestyle: Banking on Gen Z-focused styles, Brand Studio Lifestyle registers 132% YoY sales growth

Brand Studio Lifestyle (BLS) reported a 132% YoY growth in October, shipping 43 lakh pieces, primarily Gen Z-focused styles. The company added eight lakh new customers via online channels. Despite market slowdown, 65% of BLS's revenue comes from Tier II and III cities, attributed to the growing demand for youth-centric fashion.

Tokyo , Japan , Zoomers-gen , Astha-sahay , Brand-studio-lifestyle , Genz-focused , Directore-commerce , Brand-studio , Ketch-app , Tokyo-talkies , Fast-fashion-brands

Atlanta area CPI falls more than 0.5% since August, BLS reports

Ahead of the holiday season, and aiming for Thanksgiving, inflation is the talk of the nation, but in Atlanta, it's starting to come down.

United-states , Us-bureau-of-labor-statistics , Wall-street , Labor-statistics , Consumer-price-index , Bls , Tlanta-area , Ood-prices , Nflation-measures , Tlanta ,

Job growth slowed to 150,000 in October, unemployment ticked up to 3.9%

The economy added just 150,000 jobs in October, reflecting a slowdown in the labor market as the Federal Reserve keeps interest rates high to try to bring down inflation.

White-house , District-of-columbia , United-states , Mark-hamrick , Joe-biden , Federal-reserve , Bureau-of-labor-statistics , Bureau-of-economic-analysis , Goldman-sachs , Labor-statistics , President-joe-biden , United-auto

Economic Crosscurrents And Geopolitical Risks Abound

The economic terrain is rife with new data about inflation, with CloudQuant’s Core CPI forecast at 3.95% YoY growth, slightly retreating from September’s actual of 4.1%.

United-states , China , American , Morgan-slade , Gary-drenik , Costco , Morgan , Middle-east , Wall-street-journal , Prosper-insights , Macroeconomics , Consumer

A Wish List For Human Capital Disclosures

What will it take for firms to publicly share the human capital data they report to Bureau of Labor Statistics on compensation, working conditions and labor productivity?

Colleen-honigsberg , Bureau-of-labor-statistics , Labor-statistics , Professor-colleen-honigsberg , Stanford-law , Management-discussion , Sec , Ndas , Human-capital , Bls , Working-conditions , Productivity

Inflation Holds Steady - The New York Times

Housing costs represented more than 70 percent of the total year-over-year price increase for all items less food and energy.

Christopherj-waller , Omair-sharif , Laura-rosner-warburton , Federal-reserve , Wall-street , Personal-consumption-expenditures , Us-economy , Consumer-price-index , Inflation , Real-estate , Ousing , Rent