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In March, consumer prices increased 0.9% from February and 3.3% over the year, up from the 2.4% annual rise in February and the greatest over-the-year increase since April 2024. Core CPI, which excludes more volatile energy and food prices, rose 0.2% from February and 2.6% over the year, up slightly from the 2.5% 12-month increase…

In January, the S&P Cotality Case-Shiller U.S. National Home Price NSA Index recorded a 0.9% annual gain, down from the 1.1% gain in December. The 10-City Composite increased 1.7%, down from 2.0% the previous month, while the 20-City Composite rose 1.2% year-over-year, down from 1.4% in December. Among the 20 cities, New York posted the…

Consumer confidence inched up 0.8 points in March to 91.8. Among its components, the Present Situation Index improved while the Expectations Index declined as customers’ concerns regarding the present situation eased and concerns about the future worsened. The Present Situation Index, reflecting current business and labor market conditions, rose 4.6 points to 123.3. Meanwhile, the…

In March, Texas factory activity expanded but at a weaker pace after improving the prior month. The production index decreased from 12.5 to 6.8, falling below the series average of 9.6. The new orders index declined 5.0 points to 6.1, while the capacity utilization index stepped down 4.6 points to 7.2. Meanwhile, the shipments index…

The S&P Global Manufacturing PMI was 52.3 in March, up from the February reading of 51.6. New orders grew at a faster pace in March, but exports continued to decline as tariffs continued to drive up costs and hurt foreign demand. Meanwhile, input and selling prices increased at a faster pace from February, with input…

In March, growth in global manufacturing activity weakened slightly from February, decreasing from 51.8 to 51.3. Output and new orders both grew, but there was modest deceleration in the growth of new orders and near stagnation in the volume of international trade. Meanwhile, lead times continued to slow, lengthening to the greatest extent in more…

Job openings for manufacturing fell by 71,000 to 439,000 in February. On the other hand, the January job openings level of 510,000 was revised upward from 495,000 in the previous report. Nondurable goods job openings in February declined 39,000 to 141,000, while durable goods job openings decreased 32,000 to 298,000. The manufacturing job openings rate…

In March, the U.S. manufacturing sector expanded for the third consecutive month and at a slightly faster pace than the prior month, with the ISM Manufacturing® PMI increasing to 52.7% from 52.4% in February. Certain demand indicators, such as the New Orders and Backlog of Orders indexes, remained in expansion territory, while the New Export…

Nonfarm payroll employment increased by 178,000 in March, coming in well above expectations. On the other hand, January and February’s collective job gains were revised downward by 7,000 to a gain of 160,000 jobs and a loss of 133,000 jobs, respectively. The industries with the most significant job gains in March were healthcare, construction and…