Mark Hamrick

The recent rate of inflation has cooled, but prices remain elevated. Here's a terrific breakdown on the subject from colleague @sarahffoster: https://t.co/3JMtANR8bR

Inflation data for May looks a bit better than expected. Headline up 0.1%, 2.4% year over year, core up 0.1%, 2.8% year over year. Tariffs are not seen as having a big impact yet.

The cost of homeownership goes beyond purchasing a house. According to @Bankrate’s study, the average annual hidden costs associated with homeownership for a single-family home in the United States are $21,400 in 2025. https://t.co/WxYrcwKtSz

Why the May jobs report deserves more than a "quick read". My take on the blemishes beneath the surface. https://t.co/wyw5ndenTK

RT @ChadPergram: The Trump/Musk breakup hits Capitol Hill: https://t.co/3OKalEy59x

Robust and credible economic data is vital for consumers and businesses alike. Why it is now at risk. My post via @LinkedIn and reporting by Molly Smith of Bloomberg: https://t.co/8bNJ5iWQcM

RT @CraigCaplan: Senate NOW voting to advance President Trump's nomination of Federal Reserve Board of Governors member Michelle Bowman to…

RT @Capitals: T.J. Oshie will make a special announcement on Monday, June 9 at 5:30 PM at @TheWashHarbour in Georgetown. The event is free…

Worth noting/cautioning that while these surveys are widely followed, they are considered "soft data" or measures of sentiment.

Mark Hamrick @hamrickisms

Based on Institute for Supply Management surveys of services and manufacturing sectors, tariff risks are coming home to roost. Prices paid are surging, and new orders are contracting. Higher inflation and slower economic growth are being observed.

Has tipping culture gotten out of hand? According to @Bankrate’s annual Tipping Survey, 63% of Americans now hold a negative view on tipping, a rise from 59% last year. https://t.co/3NYAHBhL7z

Based on Institute for Supply Management surveys of services and manufacturing sectors, tariff risks are coming home to roost. Prices paid are surging, and new orders are contracting. Higher inflation and slower economic growth are being observed.

In the "elephant in the room" department...

The Associated Press @AP

A hungry elephant caused havoc in a grocery store in Thailand, when he strolled in from a nearby park and helped himself to the produce on the shelves on Monday. It calmly chomped down about nine bags of sweet rice crackers, a sandwich and bananas, the store owner said. https://t.co/6CHEpT3PHx

ADP private-sector survey finds just 37k jobs were added last month. Note that goods-producing, incl. manufacturing, was weak. https://t.co/kNpwByi5tE

RT @StephenGKates: “Consumers are indeed having to cut back on spending as costs continue to rise, but stretched budgets come at the expens…

RT @BankrateGreg: Survey: ‘Out of control,’ ‘Pay employees better’ and other things Americans say about tipping https://t.co/exeX8omEvQ

Latest data: Job openings, hires rise at the end of April. Fewer people quit their jobs. https://t.co/UWkB3qMCX4