John Carney

The end of enhanced and extended unemployment benefits saw a bigger than expected decline in applications for benefits.

Shortages of workers and key inputs are slowing everything from retail to manufacturing while prices keep rising.

The combination of the resurgence of coronavirus and a flood of government benefits appear to be keeping many American out of the workforce, creating a stumbling block for the recovery.

The third quarter speed bump now looks like a road block.

Compared with a year ago, real average hourly wages are down 1.2 percent.

Economic uncertainty has resulted in a series of severe misreadings of the economy during the pandemic.

Employment among black men trailed employment among white men. The unemployment rate for black men is now more than twice that of white men.

The median forecast of analysts was for 740,000 jobs and an unemployment rate of 5.2 percent.

Real hourly compensation fell at an annualized rate of 4.6 percent in the first quarter.

Economists had forecast 345,000 new claims.

A federal bankruptcy judge gave conditional approval Wednesday to a bankruptcy plan for OxyCotin maker Purdue Pharma.

Spending to build new single-family homes rose sharply in July even though housing starts fell by more than expected, indicating that inflation is weighing on the housing market by pushing costs higher.

Private payrolls increased by 374,000 in August, missing expectations for 600,000, according to ADP data released Wednesday.

Home price gains are at an unsustainable 18.6 percent nationally.

Views of current conditions and the near-term future grew much dimmer in August.

Contracts to purchase previously owned U.S. homes fell for the second straight month in July, the latest sign that economic activity slowed mid-summer as the Delta variant ramped up the rate of coronavirus infections and inflation pumped up prices. The

Texas manufacturing activity unexpectedly slowed significantly in August, data from the Federal Reserve Bank of Dallas showed Monday. The production index of the Dallas Fed’s Texas Manufacturing Outlook Survey plummeted to 20.8 in August from 31.0 in July. The index

Consumer prices rose at their fastest annual pace since 1991.

Consumer sentiment collapsed due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment.

The Supreme Court held that it was virtually certain that landlords would prevail in their claim that the CDC had exceeded its authority.

Bidenflation spreading in the lastest manufacturing survey from the Kansas City Fed.

Jobless claims—both new and ongoing—failed to make progress, highlighting how the economy appears to have slowed in August.

With the American economy floundering becauswe of shortages, the Biden administration has approved licenses to sell chips to Huawei.

The economy is slowing by much more than expected while inflation soars and shortages plague supply-chains.

Spending on electronics and appliances fell in July while business investment increased.

The U.S. is building new homes at a faster pace than expected but it is not building many inexpensive homes that could be purchased by first-time buyers or Americans with modest incomes.

Manufacturing activity slowed in August but the gauge of prices for goods rose to a new record high.

Sales of previously owned homes worth more than one million dollars were up nearly 60 percent annually in July, while sales of homes worth a quarter of that or less were down by around 30 percent, data from the National Association of Realtors showed Monday.

The public’s fear of the coronavirus has jumped back to pre-vaccine levels.

The road to recovery looks like it will be bumpier than expected.