Jeffry Bartash
Moneyish
Washington, DC, United States
Contact Jeffry
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Recent articles by Jeffry:
Rising wages and labor shortage threaten U.S. effort to tame inflation quickly
Soaring prices of goods such as new cars, gas, groceries and home furnishings drove U.S. inflation to a 40-year high. Now rising wages could make it harder... → Read More
U.S. wholesale inflation slows in April, but prices still up 11% in the past year
The cost of wholesale goods and services rose milder 0.5% in April vs the prior month, but intense inflationary pressures in the guts of the economy showed... → Read More
U.S. posts record $308 billion budget surplus in April as federal tax receipts surge
The U.S. posted a budget surplus of $308 billion in April --- the largest on record --- owing to a big increase in federal taxes and lower spending after the... → Read More
Beer, hair cuts, tools and pet food
Inflation is everywhere now --- and almost no part of the economy has been left untouched. → Read More
U.S. inflation rate slows to 8.3% after gas prices fall, but CPI still shows intense price pressures
The yearly rate of U.S. inflation fell to 8.3% in April to mark the first decline in eight months, but the upward pressure on prices is unlikely to ease... → Read More
The only bad thing about the April jobs report might not be so bad after all
The size of the U.S. work force shrank in April for the first time in seven months. A sign the tightest labor market in decades is getting worse? A bad omen... → Read More
U.S. economy gains 428,000 jobs in April and unemployment rate stays at 3.6%
The U.S. added a solid 428,000 new jobs in April, but an acute labor shortage is driving wages sharply higher and threatening to add to the highest inflation... → Read More
U.S. productivity falls at fastest pace since 1947 and unit-labor costs soar
The productivity of American workers and businesses sank at an 7.5% annual pace in the first quarter --- the biggest drop since 1947 --- in a reflection of... → Read More
Fed lifts interest rates and to wind down $9 trillion bond stockpile in double-pronged attack on high U.S. inflation
The Federal Reserve on Wednesday raised a key interest rate by a half point and reaffirmed a more aggressive strategy to try to subdue the worst outbreak of... → Read More
Economy seen adding 400,000 new jobs in April, but U.S. might be running out of labor
Businesses have record job openings, but it's hasn't been easy to hire because of a shrinking pool of available workers and an unprecedented number of people... → Read More
The U.S. economy's service side slowed in April due to high inflation and shortages
An ISM barometer of business conditions at service-oriented companies such as banks, retailers and hospitals fell 1.2 points in April to 57.1% and signaled... → Read More
U.S. trade deficit jumps 22% and tops $100 billion for the first time ever
The U.S. trade deficit leaped 22% in March and topped $100 billion for the first time ever, reflecting a big appetite among Americans for foreign goods.... → Read More
U.S. job openings set new records, while the 'great resignation' hits a new high
U.S. job openings climbed to a record 11.55 in March, while the number of people quitting also hit an all-time high — more signs of a tight labor market. → Read More
U.S. factories grow in April at slowest pace in 18 months, ISM finds
The ISM barometer of American factories fell 1.7 points to 55.4% in April and showed the industrial side of the economy grew at the slowest clip in 18... → Read More
Consumer sentiment jumps on lower gas prices and more optimism about the U.S. economy
The final reading of U.S. consumer sentiment in April slipped to 65.2, but it still marked the highest reading in three months and the first increase this... → Read More
U.S. consumer spending rises sharply, but inflation climbs almost as fast
Consumer spending rose a sharp 1.1% in March, but the increase barely outpaced another surge in inflation as Americans confront the biggest price increases... → Read More
U.S. inflation rate surges to 6.6% based on PCE index
The Federal Reserve's preferred measure of inflation rose a sharp 0.9% in March, but the increase largely stemmed from a surge in the cost of gas and there... → Read More
Has the U.S. economy really shrunk in early 2022? Is a recession near? No. Here's why.
The surprising contraction in the U.S. economy in the first quarter has been written off by Wall Street as a misleadingly weak number that in no way signals... → Read More
Coming up: U.S. first-quarter GDP
The U.S. economy is forecast to grow 1% in the first quarter based on gross domestic product, analysts polled by The Wall Street Journal estimate. Some even... → Read More
GDP may have shrunk in the first quarter, but not because U.S. economy was bad
The U.S. economy likely laid an egg in the first quarter, based on the official scorecard for growth known as gross domestic product. But look past the... → Read More