Economic Trends

U.S. producer prices rose 0.3% in October, easing sharply from September’s surge, while annual inflation accelerated to 6.5%. Core PPI remained elevated, truck freight costs climbed and wholesale trade margins varied widely by category. See...

U.S. durable goods orders increased 10.0% year-over-year as transportation equipment led September’s monthly gain. Overall factory orders rose 1.8%, with nondurable goods orders also advancing. Get the breakdown here of how each durable goods category...

Spending fell well short of expectations as residential renovation weakness weighed on the total. Meanwhile, data centers helped extend nonresidential construction’s growth streak to six months. Get the key figures and private/public breakdown here.

The subindex for production rose to its best mark in nearly 5 years as the overall reading had its fourth straight month at 54.5 or higher, indicating solid U.S. industrial expansion.

The U.S. economy picked up speed in the third quarter, with investment and consumer spending supporting growth. Stronger private domestic demand and slower inflation offered encouraging signals, though inventory gains warrant a closer look.

The Federal Reserve held its benchmark interest rate steady after September’s increase, citing strong economic activity but persistently elevated inflation. Two policymakers favored another quarter-point hike.