INSIGHTS AND RESOURCES

Chart of the day: Industrial production hits a record amid signs of a slowdown

Chart of the day: Industrial production hits a record amid signs of a slowdown

Industrial production in the United States hit a record in May, but signs of a coming economic slowdown emerged in the report released by the Federal Reserve on…
Changes in Fed policy and their impact on the economy

Changes in Fed policy and their impact on the economy

The Federal Reserve's changes to short-term interest rates will affect the stock of money, which directly determines the direction of the real economy.
Initial jobless claims exceed pre-pandemic level for second straight week

Initial jobless claims exceed pre-pandemic level for second straight week

There were 229,000 new jobless claims for the week ending June 11, down slightly from an upwardly revised 232,000 in the prior week.
U.S. retail sales fall as inflation takes a toll

U.S. retail sales fall as inflation takes a toll

Retail sales dropped by 0.3% in May, a decline from a downwardly revised 0.7% increase in April, the U.S. Census Bureau reported on Wednesday.
Fed announces largest rate hike in nearly three decades as it seeks to restore price stability

Fed announces largest rate hike in nearly three decades as it seeks to restore price stability

The Federal Reserve lifted its federal funds policy rate to a range between 1.5% and 1.75% on Wednesday as it moves to restore price stability over the medium term.
RSM submits comments to IRS regarding ‘friendly doctor’ transactions

RSM submits comments to IRS regarding ‘friendly doctor’ transactions

Friendly doctor transactions that shift beneficial ownership in a practice entity to a management company often cause the management company to be the practice entity’s owner for federal tax purposes.
Chart of the day: U.S. producer inflation remained elevated

Chart of the day: U.S. producer inflation remained elevated

The report adds pressure on the Federal Reserve, which is considering more aggressive measures to tame inflation.
Chart of the day: Consumer sentiment drops to record low

Chart of the day: Consumer sentiment drops to record low

The headline consumer sentiment index from the University of Michigan dropped to 50.2, the lowest on record.
U.S. May CPI: Inflation continues to broaden out on higher gas and housing costs

U.S. May CPI: Inflation continues to broaden out on higher gas and housing costs

Inflation continued to broaden out across the American economy in May, rising by 8.6% annually and underscoring the urgency among central bankers to restore price stability through an increase in the federal funds rate and a drawdown in its $8.9 trillion balance sheet.
Chart of the day: The long-term impact of a ban on Russian energy

Chart of the day: The long-term impact of a ban on Russian energy

The embargo on Russian energy supplies poses serious long-term challenges for the European Union.
Oil prices and price gouging: Deconstructing the price of gas

Oil prices and price gouging: Deconstructing the price of gas

The impact of global market forces like the war in Ukraine and OPEC far outweighs whatever influence retailers or refiners have on the prices that consumers pay…
Initial jobless claims rise to above pre-pandemic level

Initial jobless claims rise to above pre-pandemic level

New claims for jobless benefits increased by 27,000 to 229,000 for the week ending June 4, from an upwardly revised 202,000 in the prior week.
5 ways nonprofits can stay agile

5 ways nonprofits can stay agile

To stay nimble, nonprofit organizations should examine these five areas to enhance their ability to adapt to change.
Why excess labor demand is unhealthy

Why excess labor demand is unhealthy

The economy is fewer than 1 million jobs from reaching its pre-pandemic level. Yet there were a record 11.55 million job vacancies.
Get ready for another round of supply chain bottlenecks

Get ready for another round of supply chain bottlenecks

Just when middle market businesses where hoping for relief from supply chain disruptions, China's renewed economic shutdowns laying the groundwork from another round.