Entries by Jing Fu

145,000 Jobs Added in December

Total payroll employment increased by 145,000 and the unemployment rate was unchanged at 3.5% in December. Residential construction employment increased by 3,200 in December, after a decline of 1,100 jobs in November (revised). Total construction indus...

Consumer Prices Rise in November

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in November on a seasonally adjusted basis, following a 0.4% increase in October. Excluding the volatile food and energy components, the “core” CPI increased...

Strong Job Growth in November

Total payroll employment increased by 266,000 in November, while the unemployment rate declined to 3.5%. Residential construction employment was little changed (-500) in November, after an increase of 5,400 jobs in October (revised). Total construction...

Home Price Appreciation Continued in September

Compared to last month, national home prices rose at a faster annual growth rate in September. Seattle reported the highest gain while three metro areas (San Francisco, Chicago and Boston) experienced home price declines in September. The Case-Shiller ...

Consumer Prices Rebound in October

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in October on a seasonally adjusted basis, after being unchanged in September. It was the largest monthly increase in the CPI since March 2019. Excluding the...

Consumer Prices Rebound in October

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in October on a seasonally adjusted basis, after being unchanged in September. It was the largest monthly increase in the CPI since March 2019. Excluding the...