Egg Prices in January — $4.95/Dozen Grade A, Large
[ad_1] Outpacing ERS forecast. Implied futures suggest higher prices yet. Figure 1: Top panel – Consumer Price of Dozen Eggs (blue, left scale), ERS forecast of
Egg Prices – A Continued Upward March?
[ad_1] Tomorrow, we’ll get a reading on January egg prices at the consumer level. With futures prices at about $5.2 in December and $6.65 in
Year-Ahead CPI Inflation Expectations in January: 3%-3.3%
[ad_1] From Michigan, NY Fed, and Atlanta Fed SoFIE: Figure 1: Year-on-Year CPI inflation (bold black), Cleveland y/y nowcast as of 2/11 (black +), Michigan
Business Cycle Indicators, with Monthly GDP and Household Employment Research Series
[ad_1] S&P Global Market Intelligence has put up monthly GDP through December. Here’s a picture of NBER Business Cycle Dating Committee indicators along with monthly
Inflation Expectations, by Party | Econbrowser
[ad_1] The Michigan survey of Consumers revealed that Republican respondents expected one year inflation to be zero as of January 2025. From Torsten Slok: Source:
EPU after Reciprocal Tariffs Announced, Before New Steel, Aluminum Tariffs
[ad_1] Up, up and away. Figure 1: EPU (green, right scale), 7 day centered moving average Economic Policy Uncertainty (brown, right scale), Trade Policy Uncertainty (green,
One Year Inflation Expectations Upside Surprise
[ad_1] Michigan 1 year expectations at 4.3% vs 3.3% Bloomberg consensus. Figure 1: Year-on-Year CPI inflation (bold black), one year ahead Michigan (red), NY Fed
Ante-mutua portoriis EPU | Econbrowser
[ad_1] …or I wonder how “reciprocal tariffs” will affect economic policy uncertainty measures. Figure 1: EPU (green, right scale), 7 day centered moving average Economic
Business Cycle Indicators with January Employment
[ad_1] Change in NFP below consensus, but previous months upwardly revised. Big benchmark revision (-610 thousand), but even larger — 2 million upward — revision
Reported Civilian Employment Jumps 2.4 Million (1.5%)
[ad_1] I.e., Beware the footnotes. New population controls results in updated 2024 employment figures (but 2023 not updated). Much of the purported gap between NFP