Entries by Jing Fu

CPI Growth Slows in May

In May, headline inflation rose slower relative to April, while core inflation remained unchanged. On a seasonally adjusted basis, the Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in May, after a 0.3% incre...

Job Growth Softened in May

Total nonfarm payroll employment increased by 75,000 in May, while the unemployment rate remained at 3.6%. Residential construction employment increased by 5,200 in May, after a decline of 1,600 jobs in April. The total construction industry (both resi...

263,000 Jobs Added in April

Total nonfarm payroll employment increased by 263,000 in April, while the unemployment rate declined to 3.6%. Residential construction employment increased by 600 in April, after the increase of 11,200 jobs in March. The total construction industry (bo...

Home Price Gains Slowed in February

The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 3.8% in February, following the increase of 3.2% in January. On a year-over-year basis, the Case-Shiller U.S. Na...

Energy Prices Rose Sharply in March

The Bureau of Labor Statistics (BLS) released the Consumer Price Index for March. On a seasonally adjusted basis, the Consumer Price Index (CPI) rose by 0.4% in March, after a 0.2% increase in February. Excluding the volatile food and energy components...

Monthly Employment Growth Improved in March

Total payroll employment increased by 196,000 in March, while the unemployment rate was unchanged at 3.8%. Residential construction employment increased by 12,200 in March, after the decline of 8,100 jobs in February. The total construction industry (b...

Annual Home Price Growth Slows in January

National home price appreciation continued to slow at the beginning of 2019. Three metro areas in California (San Francisco, Los Angeles and San Diego), Cleveland and Chicago experienced home price declines in January. The Case-Shiller U.S. National Ho...

Consumer Prices Rose in February

Consumer prices rose modestly in February, reflecting increases in energy prices and the food index. The Bureau of Labor Statistics (BLS) released the Consumer Price Index for February. On a seasonally adjusted basis, the Consumer Price Index (CPI) ros...

Job Growth Weakened in February

After a strong gain, monthly growth in payroll employment slowed sharply in February. Total payroll employment increased by 20,000 in February, while the unemployment rate decreased to 3.8%. Residential construction employment decreased by 10,900 in Fe...