Bonus Podcast: A Record-Setting Expansion, but Growing Downside Risk

All major market groups posted gains in September except business equipment, which was unchanged. The production of consumer goods rose 0.7%, reflecting an increase in the index for nondurable goods that more than offset a decline in the...

As labor market momentum slows and households face continued price pressures, household wealth is an important source of support for consumer spending.

The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.71%.

Two Federal Reserve districts reported moderate growth in economic activity, three districts reported modest growth, four reported slight growth and three reported no significant change.

The Producer Price Index for final demand increased 1.3% in September, seasonally adjusted, according to the U.S. Bureau of Labor Statistics report

This month's retail sales report highlights the continued resilience of consumers despite inflationary pressures weighing on purchasing power.