The economy,
in human terms.
Advance GDP estimates track broad economic output, while payroll reports count jobs added in a single month. Their different scopes and periods explain why the headlines can diverge without proving a contradiction.
GROWTH & THE WORKING ECONOMYOn October 28, the Federal Reserve kept its target range at 3.75% to 4% in a 10–2 vote. The decision reflects a balancing act, while fiscal policy remains the responsibility of elected government.
September CPI rose 0.6% for the month and 3.7% over 12 months. Gasoline’s 9.1% monthly increase drove much of the move, while household bills vary with individual spending patterns.
The September report paired a 29,000 payroll gain with a 4.2% unemployment rate. Two separate surveys produce those measures, and revisions lowered the previously reported July and August payroll total.
Clear explanations for an economy that rarely feels simple.
Explore the explainers ↗The spending decisions that shape everyday life.
Small firms, investment, and the people building businesses.
How economic change reaches families and communities.
The work behind art, design, culture, and local renewal.
