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This Week's State Of The Economy - What Is Ahead? - 14 february 2025
Wells Fargo Economics & Financial Report / Mar 19, 2025
Consumers received a little relief on the inflation front in February. After a hotter-than-expected 0.5% gain in January, the Consumer Price Index rose 0.2% last month.
This Week's State Of The Economy - What Is Ahead? - 07 March 2025
Wells Fargo Economics & Financial Report / Mar 11, 2025
The labor market appears to be holding up amid an onslaught of tariff decisions and rescissions. The U.S. economy added 151K jobs in February, only modestly below economist expectations of 160K.
This Week's State Of The Economy - What Is Ahead? - 28 february 2025
Wells Fargo Economics & Financial Report / Mar 03, 2025
After a solid finish to 2024, the U.S. consumer rested up in January. Spending fell 0.2% over the month, coming in short of already-temperate expectations.
This Week's State Of The Economy - What Is Ahead? - 14 february 2025
Wells Fargo Economics & Financial Report / Feb 17, 2025
The headline and core Producer Price Index (PPI) rose 3.5% and 3.6%, respectively, on a year-over-year basis in January, both above consensus estimates. The increase in the PPI suggests that input prices for businesses are still climbing.
This Week's State Of The Economy - What Is Ahead? - 07 February 2025
Wells Fargo Economics & Financial Report / Feb 10, 2025
When the headline number hit the wire, it felt like a miss with the total nonfarm payroll number coming in at just 143K, well short of the consensus expectation of 175K.
This Week's State Of The Economy - What Is Ahead? - 31 January 2025
Wells Fargo Economics & Financial Report / Feb 03, 2025
The U.S. economy is growing at a healthy clip. Real GDP expanded by 2.3% in the fourth quarter, bringing the annual growth rate to 2.8% in 2024. For context, the economy grew at an average annual rate of 2.4% during the 2010-2019 economic expansion.
This Week's State Of The Economy - What Is Ahead? - 24 January 2025
Wells Fargo Economics & Financial Report / Jan 28, 2025
Initial jobless claims increased to a six-week high, rising to a seasonally adjusted level of 223K for the week ended January 18. The Southern California wildfires played a major role in the rise, increasing by 61K on a non-seasonally-adjusted basis.
This Week's State Of The Economy - What Is Ahead? - 17 January 2025
Wells Fargo Economics & Financial Report / Jan 20, 2025
The Consumer Price Index ended the year at 2.9% year-over-year, which is a minor improvement from its 3.1% rate in January 2024 and points to stalled progress on the road back to the Federal Reserve\'s 2% inflation target.
This Week's State Of The Economy - What Is Ahead? - 10 January 2025
Wells Fargo Economics & Financial Report / Jan 13, 2025
Meetings of the Federal Reserve\'s Open Markets Committee are about what the Fed is doing; minutes of those meetings tell you something about what policymakers are thinking.
This Week's State Of The Economy - What Is Ahead? - 20 December 2024
Wells Fargo Economics & Financial Report / Dec 23, 2024
The strength in demand has hindered progress on disinflation, exemplified by the PCE deflator inching up a tenth to 2.4% year-over-year in November.
