By Tom Burnett CFA On January 11, 2024, the Bureau of Labor Statistics released its Consumer Price Index report for December 2023. The CPI increased by 0.3%, following a rise of 0.1% in November. The CPI for October was flat. The latest year-over-year rate was an increase of 3.4%. The Core rate…
By Tom Burnett CFA On January 5, 2024, the Bureau of Labor Statistics released the Employment Report for December 2023. The Report stated that total payroll employment rose by 216,000 jobs. The unemployment rate was unchanged from the prior month at 3.7%. Total nonfarm payroll employment is now 158…
Colleen Kelleher Sorrentino addresses Avoiding Fear-based Decision Making in this month’s Advisor Perspectives. Read the article here.
By Tom Burnett CFA On December 12, 2023, the Bureau of Labor Statistics released its November report on the Consumer Price Index. The CPI rose 0.1% in November, after being unchanged in October. Over the past 12 months, the CPI increased by 3.1%, after increasing by 3.2% in October. Energy prices fell…
By Tom Burnett CFA On December 8, 2023, the Bureau of Labor Statistics issued the Employment Report for November, 2023. Employment rose by 199,000 jobs to 158.4 million workers, up 2.8 million from one year ago. The unemployment rate fell to 3.7% from 3.9% in the prior month. This rate has been below…