Economic Indicators

Inflation in the United States dropped last month to its lowest point since it first began surging more than three…

The Federal Reserve today announced the move to decrease the federal funds rate by half a percentage point at the…

Real gross domestic product (GDP) increased at an annual rate of 2.8% in the second quarter of 2024, according to…

According to the University of Michigan Surveys of Consumers, consumer sentiment registered at 66.0 in July 2024. Learn more.

Michigan’s unemployment rate remained at 3.9% for the fourth consecutive month in May, and jobs in the state increased by…

The latest report on inflation as measured by the Consumer Price Index (CPI) softened in April 2024, with a month-over-month…

The U.S. economy grew at a 1.6% annual pace in the first quarter of 2024 according to the advance estimate…

A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials, and…

Associated Press Oct. 12, 2023 Christopher Rugaber Measures of U.S. inflation in September showed that the pace of price increases…

The Chamber’s Data and Research team tracks key statistics highlighting the Detroit region’s economic growth and recovery.