Claims tagged with "Economics"

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Goods will play a more central role in household budgets come fall and winter, when back-to-school season and spendy holidays such as Halloween and Christmas hit. 0.900

👤 The author 📋 News Article 🏷️ Economics , Consumer Behavior

Simplified: Goods will play a more central role in household budgets come fall and winter

1 sources

2 months ago
Awareness of goods prices is lower in summer than fall and winter: The US is a service-heavy economy, especially in the summertime, when spending is directed more at travel, recreation and leisure. 0.900

👤 The author 📋 News Article 🏷️ Economics , Consumer Behavior

Simplified: Awareness of goods prices is lower in summer than fall and winter US is a service-heavy economy especially in summertime

1 sources

2 months ago
A Goldman Sachs analysis puts that share at about 20%, meaning that the remaining 80% of higher costs from tariffs (which are added to the price of wholesale goods when they hit US soil) have been spl... 0.900

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: Goldman Sachs analysis puts share at about 20% remaining 80% of higher costs from tariffs split between US businesses and US consumers

2 sources

2 months ago
Businesses are hesitant to pass on higher prices: Consumers, hammered for years by a bout of high inflation, don’t have the appetite — or the savings — for higher prices. 0.900

👤 The author 📋 News Article 🏷️ Economics , Business

Simplified: Businesses are hesitant to pass on higher prices consumers do not have appetite or savings for higher prices

1 sources

2 months ago
Inventories were loaded up before tariffs hit: Near the end of last year, businesses frontloaded import orders to prepare for any disruptions that could come from a massive, and short-lived East and G... 0.900

👤 The author 📋 News Article 🏷️ Economics , Business

Simplified: Businesses frontloaded import orders near end of last year to prepare for disruptions from port strike and potential tariffs

2 sources

2 months ago
Trade policy and tariffs are in flux: There have been plenty of instances where announced tariffs have been postponed, suddenly nixed, or unexpectedly increased or decreased in size. 0.900

👤 The author 📋 News Article 🏷️ Economics , Policy

Simplified: Trade policy and tariffs are in flux announced tariffs have been postponed nixed or unexpectedly increased or decreased in size

3 sources

2 months ago
Sea cargo shipments can take weeks to more than a month to reach the US from other countries. 0.900

👤 The author 📋 News Article 🏷️ Logistics , Economics

Simplified: Sea cargo shipments can take weeks to more than a month to reach US from other countries

1 sources

2 months ago
Prices are moving higher, and economists say this is just the beginning. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: Prices are moving higher economists say this is just the beginning

1 sources

2 months ago
Tariffs have been applied in a staggered manner: The earliest tariffs went into effect in February (China, non-USMCA goods) and March (steel, aluminum), but the bulk were not announced or applied unti... 0.900

👤 The author 📋 News Article 🏷️ Economics , Policy

Simplified: Tariffs were applied in a staggered manner earliest tariffs went into effect in February and March bulk were not announced or applied until April or l...

1 sources

2 months ago
Recent months’ economic data has shown that overall inflation has remained fairly tame. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: Economic data showed overall inflation remained fairly tame

1 sources

2 months ago
The Fed chair has said that the duties could both push up prices and slow the economy, a tricky combination for the central bank since higher costs would typically lead the Fed to hike rates while a w... 1.000

👤 The author 📋 News Article 🏷️ Economics , Monetary Policy

Simplified: Fed chair said duties could push up prices and slow economy

2 sources

2 months ago
Worsening inflation poses a political challenge for Trump. 0.850

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Worsening inflation poses political challenge for Trump

3 sources

2 months ago
Orange prices leaped 3.5% just from May to June, and are 3.4% higher 0.950

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: Orange prices leaped 3.5% from May to June

1 sources

2 months ago
On a monthly basis, prices climbed 0.3% from May to June, after rising just 0.1% the previous month. 0.950

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: Prices climbed 0.3% from May to June

2 sources

2 months ago
Appliance prices jumped for the third straight month. 0.900

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: Appliance prices jumped for third straight month

2 sources

2 months ago
Some items got cheaper last month, including new and used cars, hotel rooms, and airfares. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: Some items got cheaper last month including new and used cars hotel rooms airfares

2 sources

2 months ago
The cost of rent rose 3.8% in June compared with a year ago, the smallest yearly increase since late 2021. 0.950

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: Rent cost rose 3.8% in June compared with year ago

1 sources

2 months ago
While that is a much smaller increase than after the pandemic, when inflation surged, it is slightly bigger than the pre-pandemic pace. 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: Increase is smaller than after pandemic but bigger than pre-pandemic pace

2 sources

2 months ago
Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: Toys clothes audio equipment shoes sporting goods all got more expensive

1 sources

2 months ago
The Labor Department said Tuesday, up from an annual increase of 2.4% in May. 0.950

👤 The Labor Department 📋 News Article 🏷️ Economics , Statistics

Simplified: The Labor Department said prices rose 2.4% in May

1 sources

2 months ago