Shipping costs dropped 12% in March 2022 as lockdowns related to China’s COVID response disrupted manufacturing. This very likely indicates more demand driven inflation as American consumers compete for a tighter supply of goods.
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The State of California will pay $2.9 billion to eliminate 6% of the state’s rice production and divert water that could serve up to 5 million Californians into the Sacramento San Joaquin Delta for wetlands restoration projects.
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Inverted Yield Curves Are Back In US Govt Debt Markets and are an accurate predictor of future recessions. Here’s how to read the current market condition and some challenges going forward.
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Import container traffic set records at ports across the United States for the month of February 2022 while the traffic for exports continued its steady decline.
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Major reservoir project in California which will store Sierra snowpack run off gets a $2.2 billion boost from the Federal EPA
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Fed Chairman Jerome Powell announced today that the Federal Reserve is prepared to move more aggressively on inflation if it is necessary.
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Fed’s measured tightening gains support in two days of positive movement in the markets. Concern still runs high for how unprecedented tightening campaign will unfold.
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Producer Price Index rockets to 9.7% January 2022 as measure year over year in an indication that serious inflation is likely a longer term challenge.
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