by SVN Commercial Advisory Group | Jan 26, 2022
CPI Inflation The Consumer Price Index (CPI) rose by 7.0% year-over-year in December, its highest increase in almost four decades. CPI climbed by 0.5% month-over-month in December on a seasonally adjusted basis, 30 basis points lower than November’s 0.8% increase....
by SVN Commercial Advisory Group | Sep 20, 2021
Economic Update | Mid-September 2021 BEIGE BOOK – ECONOMIC ACTIVITY Economic growth downgraded slightly in July and August, according to the September release of the Federal Reserve’s Beige Book. Manufacturing, transportation, non-financial services, and...
by SVN Commercial Advisory Group | Dec 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...
