Jeffry Bartash
Moneyish
Washington, DC, United States
Contact Jeffry
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Past articles by Jeffry:
CPI shows slightly cooler U.S. inflation, but pressure still on Fed to raise rates
Consumer prices rose 0.4% in February and the annual rate of inflation slowed again, but maybe not enough to forestall another increase in interest rates. → Read More
Jobs report shows strong 311,000 gain in February and keeps pressure on Fed to raise interest rates
The U.S. created a robust 311,000 new jobs in February, raising the odds of another sharp hike in interest rates by the Federal Reserve later this month. → Read More
Jobless claims jump to 211,000 and hit highest level since Christmas
The number of Americans who applied for unemployment benefits in early March jumped 21,000 to a 10-week high of 211,000, perhaps reflecting a recent spate of... → Read More
U.S. job openings drop to 10.8 million
Job openings in the U.S. fell in January to 10.8 million, but the high number of available jobs suggested the labor market was still quite strong -- too... → Read More
Trade deficit barely rises and puts U.S. on track to break three-year streak of record increases
The nation's trade deficit rose a mild 1.6% in January, putting U.S. on track to break a string of three straight years of rising and record deficits. → Read More
U.S. factory orders drop 1.6% on falloff in Boeing contracts
U.S. factory orders dropped 1.6% in January mainly because of fewer contracts for large Boeing passenger planes. Most other manufacturers recorded somewhat... → Read More
Most U.S. businesses expand in February, ISM finds, in sign of economy's resilience
A barometer of business conditions at service-style companies held steady at a robust 55.1% in February, showing the U.S. economy is still in expansion mode. → Read More
'Inflation is not coming down as fast as I thought': Fed's Waller open to stiffer rate hikes
Federal Reserve Gov. Chris Waller on Thursday said "inflation is not coming down as fast as I had thought," signaling he would be open to an even... → Read More
U.S. factories contract for fourth straight month, ISM shows, but there might be a silver lining
A key barometer of American factories was negative for the fourth month in a row at 47.4%, as manufacturers cut back on production to cope with a slower U.S.... → Read More
Consumer confidence slips to three-month low on worries about recession
A survey of consumer confidence fell to a three-month low, signaling worries about the economy as high inflation and rising interest rates depress growth. → Read More
U.S. trade deficit in goods climbs to three-month high of $91.5 billion
The trade deficit in goods rose 2% in January to a three-month high, reflecting high inflation as well as a robust U.S. appetite for cars, food and consumer... → Read More
What recession? Consumer sentiment hits 13-month high in February
A survey of consumer sentiment rose in early February to a 13-month high of 67, suggesting somewhat greater optimism about the economy among U.S. households. → Read More
Consumer spending posts biggest gain in almost two years. Don't expect it to last
Consumer spending rose 1.8% in January, the biggest increase in almost two years, but the surge was powered by strong auto sales and is unlikely to last. → Read More
Inflation jumps in early 2023, PCE shows, and stays stubbornly high at over 5%
The cost of U.S. goods and services jumped 0.6% in January --- the biggest increase since last summer --- in another sign of stubbornly high inflation. → Read More
Economy grew at slower-than-reported pace of 2.7% at end of 2022, GDP shows
The economy grew a touch slower at the end of 2022 than originally reported, at a 2.7% annual pace, largely because consumers cut back on spending. → Read More
U.S. economy perks up as inflation eases and recession worries dim, S&P says
The U.S. economy showed signs of a rebound in February, S&P Global surveys showed, largely because of steady growth in service-oriented companies. → Read More
There's a magic potion to fix the U.S. economy's ills. Finding it is the hard part.
There's a magic elixir of sorts to cure most of the U.S. economy's ills. What's less clear is whether the potion is available.. → Read More
U.S. jobless claims stay below 200,000 for fifth straight week: Labor market still healthy
The number of Americans who applied for unemployment benefits in stayed below 200,000 for the fifth week in a row, signaling the U.S. labor market is still... → Read More
Wholesale prices surge again, PPI shows, in sign U.S. inflation is unlikely to ease quickly
U.S. wholesale prices jumped 0.7% in January to mark the biggest gain since last summer, offering further proof that inflation is sticky and unlikely to... → Read More
Hopping bar and restaurant sales show U.S. economy still on solid ground
When the U.S. economy slumps and teeters on recession, one of the first things Americans do is cancel dinner reservations. But consumers aren't doing that... → Read More