Economic Indicators

The Fed's interest rate cut comes amid economic uncertainty as new projections from the Fed, CBO and OMB show differing outlooks for GDP growth, inflation and unemployment through 2028.

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.

The average rate on the 30-year fixed mortgage rose this week to 6.3%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.26%.

The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter.

Washington D.C., Denver, Virginia Beach and Raleigh are positioned for the biggest housing market impact as Federal Reserve rate cuts push mortgage rates lower.

Federal Reserve Governor Stephen Miran emphasized his commitment to independence from political pressure, even as his ties to the Trump administration role draws scrutiny.

The average rate on the 30-year fixed mortgage fell this week to 6.26%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.35%.

Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central bank begins cutting rates after holding them steady all year.

Experts weigh in on the state of the U.S. housing market and project whether the affordability crisis plaguing prospective buyers will ease in the near future.

More than 10,000 people from across the country tried out more than 40 of Dave Portnoy's favorite pizzerias.

President Donald Trump suggests companies report earnings twice yearly instead of quarterly, requiring SEC approval and citing potential cost savings for businesses.

Miami tops buyer's markets with 9.7 months of housing supply, while Austin and Orlando follow with significant inventory increases and price cuts.

U.S. homeowners with mortgages now spend 21.4% of income on housing costs as monthly expenses jumped nearly 30% over five years, the Census Bureau reported.

Social Security beneficiaries may receive an estimated 2.7% cost of living adjustment (COLA) in 2026, which would raise average monthly benefits by $54 based on recent inflation data.

The Labor Department inspector general launched a review of BLS economic data collection issues following Trump's firing of the BLS commissioner and massive job revisions.

Americans will spend less than 2% of their disposable income on gasoline in 2025, the lowest share since 2005, as the EIA forecasts significant price decreases.

The average rate on the 30-year fixed mortgage fell this week to 6.35%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.5%.

The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.

The Bureau of Labor Statistics' preliminary benchmark revision showed the U.S. economy added 911,000 fewer jobs than previously reported from April 2024 to March 2025.

Data from the New York Federal Reserve showed Americans' confidence in finding new jobs hit a record low of 44.9% in August, the lowest since tracking began in 2013.