News & Insights

Small Business Optimism Above Average on Hiring and Investment Plans

The NFIB Small Business Optimism Index increased 2.4 points to 99.8 in July, climbing above the 52-year average of 98. July’s gain was due to an improvement in hiring and capital investment plans. Of the 10 components in the index, eight increased and two decreased. Meanwhile, the Uncertainty Index rose 2 points to 91, still …

Consumer Prices Rise, Annual Inflation Eases

In July, consumer prices increased 0.1% from June and 3.4% over the year, down from the 3.5% annual rise in June. Core CPI, which excludes more volatile energy and food prices, rose 0.2% in July and 2.5% over the year, down from the 2.6% 12-month growth the prior month. Energy costs declined 1.5% over the …

Producer Prices Unchanged as Inflation Slows

The Producer Price Index for final demand (also known as wholesale prices) was unchanged over the month in July after edging down 0.1% in June. Over the year, producer prices increased 4.7%, down from the 5.5% gain in June. Meanwhile, prices for final demand excluding foods, energy and trade services climbed 4.7% from July 2025, …

Durkin: North American Trade Is Critical to U.S. Manufacturing

Durkin: North American Trade Is Critical to U.S. Manufacturing

Durkin emphasized that America’s trade relationship with Mexico and Canada helps it compete with China, and that the administration must balance its desire to onshore as much production as possible with keeping that regional partnership strong.“Our advice to the government is: Please work with us,” she said. “We will be happy to test-proof some innovative …