◀ The Principal Blog

After a Long Hibernation, Inflation Is Slowly Waking Up

Well, it looks like inflation may finally be returning to the United States after all. The January Consumer Price Index (CPI) and Personal Consumption Expenditure (PCE) reports showed broad-based gains. Both the headline PCE deflator (up 1.3%) and headline CPI (up 1.4%) increased at the fastest…

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February Jobs Report – Job Growth Strengthens

The February jobs report came out on Friday, March 4, 2016. The report showed that 242,000 jobs were added in February, beating expectations of 190,000. The unemployment rate remained unchanged at 4.9%. The low spot in the report came in average hourly earnings and average hours worked. Here are my…

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