Bureau of Labor Statistics
AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
March Rate Cut Unlikely as Labor Market Stabilizes, Wells Fargo Sees 2 More Cuts in 2026
Solid consumer spending, 70K average monthly payroll growth and core PCE easing to 2.6 percent by Q4 shape updated U.S. outlook After a...
Immigration Slowdown Hits West Coast Economy Hard as Net Migration Turns Negative
Brookings analysis finds first negative migration in 50 years threatens labor force growth and consumer spending across key Western states The United States...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Labor Market Treads Water as Job Openings Fall to 7.1 Million
The U.S. labor market showed continued signs of cooling in November, with job openings declining and workers increasingly reluctant to leave their positions,...
November Inflation Data Raises Questions Amid Government Shutdown Disruptions: CPI Falls to 2.7%
Data collection issues follow longest government shutdown, casting doubt on sharp slowdown to multi-year lows The latest consumer price data presents an unusual...
Inflation Expected to Hold Near 3% Through Mid-2026 as Government Shutdown Disrupts October Data Collection
Wells Fargo projects two-month core CPI rise of 0.48 percent between September and November The October government shutdown has created an unusual gap...
Shutdown-Delayed Jobs Data Predicted to Reveal Federal Layoffs and Rising Unemployment
Shutdown-delayed October data and a November unemployment rate near 4.5 percent could put “maximum employment” at risk As Washington’s budget battles continue to...
The Giants Awaken: San Francisco and New York Lead Office Market Revival, Transwestern States
After years of pandemic-driven struggles, America's two coastal powerhouses are staging a dramatic comeback The nation's most closely watched office markets are showing...
Wells Fargo: Inflation Holds Firm at 3.1% as Tariffs and Demand Keep Pressure on Prices
Federal shutdown delays data release, but Wells Fargo expects sticky inflation through mid-2026 The American consumer's ability to keep spending is proving to...
Wells Fargo: U.S. Growth Forecast Lifts to 2% for 2025 as Consumers Keep Spending Through Uncertainty
Economists upgrade outlook despite labor market fragility and inflation hovering near 3% Economic forecasters are adjusting their expectations for the American economy as...
Apartment Rent Surge Cools, Giving Fed Room to Maneuver on Interest Rates
Multifamily housing market shifts from inflation driver to potential policy relief as new supply wave dampens rent growth The Federal Reserve may have...
