Gas Prices Follow Oil Prices Higher
October 12, 2021
AAA reported the national average price for gasoline rose 8 cents a gallon in the past week. The move followed a similar surge in oil prices.
Economy
September’s Jobs Creation Comes Up Short
October 8, 2021
The U.S. economy created jobs at a much slower-than-expected pace in September. Nonfarm payrolls rose by just 194,000,
Comments Taken on Tariff Exclusion Extensions
October 7, 2021
The U.S. Trade Representative’s (USTR) office posted a notice inviting comments on whether to reinstate previously extended tariff exclusions under Section 301.
Gas Prices at 7-Year Highs
October 6, 2021
The U.S. Energy Information Administration (EIA) reported average national gas prices reaching seven-year highs.
Biden Administration Keeps China Tariffs
October 5, 2021
The Biden administration will keep in place tariffs levied on imported Chinese goods valued at $370 billion.
Gas Prices Avoid Seasonal Declines
September 28, 2021
The U.S. Energy Information Administration (EIA) reported average national regular gasoline prices falling less than a penny from the previous week.
Weekly Jobless Claims Climb
September 23, 2021
First-time filings for unemployment benefits jumped last week, hitting the highest level in a month, the Labor Department reported Thursday.
Hurricanes Keep Gas Prices Elevated
September 21, 2021
Gas prices rose to their highest level since August, a seven-year high, as Hurricanes Ida and Nicholas slowed oil production.
Retail sales post surprise gain
September 16, 2021
Retail sales posted a surprise gain in August despite fears that escalating Covid cases and supply chain issues would hold back consumers.
Manufacturing Activity Soars
September 15, 2021
The New York Fed’s Empire State business conditions index surged 16 points to 34.3 in September, the regional Fed bank said Wednesday.
Consumer Prices Tamer than Expected
September 14, 2021
Prices for an array of consumer goods rose less than expected in August in a sign that inflation may be starting to cool.
Paint Next Supply Chain Shortage
September 13, 2021
A confluence of factors, from an unusual Texas freeze to ongoing supply chain issues, has created a paint shortage and a price surge.