Capital Update
Construction starts down 27% in Jan., but don’t fret A 38% decline in nonresidential building starts highlights a 27% decline in overall starts in January compared with December. However, economist Richard Branch says the numbers “should not be taken as the beginning of a cyclical … read more
Capital Update 2/20/2023
PPI for final demand advances 0.7% in January; goods rise 1.2%, services increase 0.4% The Producer Price Index for final demand increased 0.7 percent in January. Prices for final demand goods advanced 1.2 percent, and index for final demand services moved up 0.4 percent. Prices … read more
Capital Update 2/13/2023
How Negligence Led to Devastation in Turkey In Turkey—a country nestled between several plate boundaries and located directly on two main fault zones, the East Anatolian and the North Anatolian—earthquakes are a fact of life. The 7.8 and 7.5 magnitude earthquakes that hit Monday, leaving at least … read more