Macro Minute

How have asymmetric unemployment rate movements unfolded during previous recessions?

Will today's AI-related investment turn out to be a repeat of the 1990s telecom boom and bust?

Are some months noisier than others when estimating payroll employment growth?

Why might consumer demand be slowing? This post explores PCE spending, including in the nonprofit sector.

Were declining response rates to the Current Employment Statistics survey responsible for July's outsized data revision?

This week's post explores some features of the latest PCE report for evidence that this payback effect has contributed to today's slow spending rates.

As the least experienced and longest unemployed workers face rising challenges finding jobs, there are signs of "dumbbell-shaped" danger for the labor market.

Despite the dramatic changes in trade policy, core import prices have risen so far this year, though this growth is lower than during the pandemic period.

The capital expenditure ratio — a signal of business confidence — may reveal whether uncertain business expectations are carrying over to firms' investment decisions and plans for the future.

In May, the industries that contributed most to job growth also employ more women than average. This may have ramifications for young job seekers and provide insight into gender divides in employment during recessions.