scott horsley 1 day ago:   Thursday Jun 30 - 9:41am Personal income rose 0.5% in May while personal spending rose 0.2%. Prices rose 0.6%, according to the Federal Reserve’s preferred measure of inflation. For the 12 months ending in May, prices are up 6.3% (or 4.7% excluding food and energy). scott horsley 1 day ago:   Thursday Jun 30 - 9:36am New claims for unemployment benefits were little changed last week at 231,000. As of 11 June, just over 1.3 million people were receiving some form of jobless aid. scott horsley 1 day ago:   Thursday Jun 30 - 12:22am RT @ekopp: Work with @davidfolkenflik@BobbyAllyn@davidgura@andrea_c_hsu @pgogoi@HorsleyScott@alinaselyukh@camilareads and many others https://t.co/8YxB9vv6pN scott horsley 6 days ago:   Saturday Jun 25 - 6:49am Three out of four women seeking an abortion in the US are low-income. Research shows limiting access to the procedure is likely to make poor women poorer, as we reported back in 2019. https://t.co/HLjvmKJJR2 scott horsley 1 week ago:   Friday Jun 24 - 10:34am RT @NPR: BREAKING: The Supreme Court has officially overturned Roe v. Wade in a seismic ruling ending the right to abortion upheld for nearly half a century. https://t.co/wBetRhdEOA
Link to Image scott horsley 1 week ago:   Thursday Jun 23 - 11:11am https://t.co/fJ6uynib32 scott horsley 1 week ago:   Thursday Jun 23 - 10:57am @Lillard_Lee Raygun has you covered: https://t.co/VfC2YB8oz6 scott horsley 1 week ago:   Thursday Jun 23 - 8:48am New claims for unemployment benefits were basically flat last week: 229,000. The total number of people receiving benefits as of 4 June was also little changed: just under 1.3 million. scott horsley 1 week ago:   Wednesday Jun 22 - 7:30pm @LukeRunyon@NPRhttps://t.co/oVJn2i3xBPhttps://t.co/G5l9jAjAsY
Link to Image scott horsley 1 week ago:   Wednesday Jun 22 - 2:27pm https://t.co/yxA5hwkPTF scott horsley 1 week ago:   Sunday Jun 19 - 6:28pm Gasoline prices falling. AAA’s national average is now $4.98 https://t.co/UOFjMo92ub
Link to Image scott horsley 1 week ago:   Sunday Jun 19 - 11:23am This pedestrian tunnel near the West Hyattsville Metro station has undergone a metamorphosis https://t.co/XxkkUjbVLH
Link to Image scott horsley 1 week ago:   Sunday Jun 19 - 8:09am @annawritedraw Not automatically. Interest on deposits and CDs may climb, but not by 75 basis points. Many banks already have more money than they can profitably lend. But some banks are paying more so it pays to shop around. Internet-only banks often pay the highest interest. scott horsley 2 weeks ago:   Friday Jun 17 - 10:15am The biggest declines in manufacturing were in wood products and machinery. Auto production was UP in May for the third month in a row. scott horsley 2 weeks ago:   Friday Jun 17 - 10:02am Some useful context: Gasoline consumes about 5% of the average worker's paycheck today (assuming average price, wage, driving habits, and fuel efficiency). Over the last 4+ decades, that share has ranged from a low of 2% to a high of about 7.5%. https://t.co/o6rdACc2Az scott horsley 2 weeks ago:   Friday Jun 17 - 9:33am Industrial production rose just 0.2% in May -- a marked slowdown from the four previous months this year. Manufacturing output declined 0.1% last month, following three months of steady growth. https://t.co/3zjnprADnV scott horsley 2 weeks ago:   Friday Jun 17 - 9:32am RT @SmokeonCars: The latest weekly used vehicle price trends reflect normal price depreciation. When a seasonally adjusted price series like the Manheim Index is stable like this, it is a signal that demand and supply are in balance. scott horsley 2 weeks ago:   Friday Jun 17 - 7:10am @VictoriaCraig you should follow my sister, @LynnHorsley Lots of this: https://t.co/vMy2PItTN2 scott horsley 2 weeks ago:   Thursday Jun 16 - 8:44am New claims for unemployment benefits were essentially flat last week -- 229,000. As of 28 May, just under 1.3 million people were receiving some form of jobless aid -- also little changed from the week before. scott horsley 2 weeks ago:   Wednesday Jun 15 - 2:07pm The Fed approves a 3/4 point rate hike today -- the largest in 28 years -- as it works to control inflation. https://t.co/rpy4FodyfY scott horsley 2 weeks ago:   Wednesday Jun 15 - 10:18am @LookingGdLouis Seems like gas and food's share of spending has basically returned to normal...after a spike early in the pandemic (which was all food, not gas) and then a drop as spending on everything else soared. Am I reading that right? scott horsley 2 weeks ago:   Wednesday Jun 15 - 9:32am Retail sales fell 0.3% in May -- thanks in part to a drop in auto sales. (New cars are still in short supply.) Spending was up at gas stations, grocery stores, and restaurants, but only enough to keep pace with rising prices. scott horsley 2 weeks ago:   Monday Jun 13 - 7:31pm @titonkahttps://t.co/Sd2nsJulko
Link to Image scott horsley 2 weeks ago:   Monday Jun 13 - 12:38pm Consumers' outlook for inflation a year from now worsened between April and May. But expectations for inflation three years from now were unchanged. And while price hikes are outpacing wage gains, the average consumer expects real spending to keep growing. https://t.co/HNeY02PiXu scott horsley 3 weeks ago:   Friday Jun 10 - 11:57am @_Jimichan_ Yes. 33% size reduction. 50% price hike. scott horsley 3 weeks ago:   Friday Jun 10 - 8:38am Consumer prices in May were 8.6% higher than a year ago--the largest increase since December 1981. Prices rose 1% between April and May, with gasoline, groceries, and rent leading the way. https://t.co/ihzXuPoPxH scott horsley 3 weeks ago:   Friday Jun 10 - 5:53am Consumers who swallowed price increases in the past are starting to balk as gasoline nears $5/gallon nationwide. But people are still splurging on travel & entertainment. How Americans are adjusting to soaring inflation - https://t.co/ihzXuPoPxH scott horsley 3 weeks ago:   Thursday Jun 9 - 7:01pm @jasonfurman Look out, though, if Hellmann's and Best Foods ever try to combine. scott horsley 3 weeks ago:   Thursday Jun 9 - 8:54am New claims for unemployment benefits rose last week to 229,000 -- up from a revised 202,000 the week before. The total number of people receiving jobless aid has been trending downwards: just below 1.3 million as of 21 May. scott horsley 3 weeks ago:   Wednesday Jun 8 - 11:51am @bobstiner Want to share your experience with NPR listeners? Drop me a note. shorsley@npr.org scott horsley 3 weeks ago:   Wednesday Jun 8 - 11:46am @STFU_anajai2 Want to share your experience with NPR listeners? Drop me a note. shorsley@npr.org scott horsley 3 weeks ago:   Wednesday Jun 8 - 11:39am @bigmike_ak Howdy. Want to share your experience with NPR listeners? Drop me a note. shorsley@npr.org scott horsley 3 weeks ago:   Wednesday Jun 8 - 11:36am @ArcticFox_am_I Howdy. Want to share your experience with NPR listeners? Drop me a note. shorsley@npr.org scott horsley 3 weeks ago:   Wednesday Jun 8 - 11:33am @makingdayscount@lacroixwater Howdy. Want to share your story w/ NPR listeners? Drop me a note. shorsley@npr.org scott horsley 3 weeks ago:   Wednesday Jun 8 - 10:25am RT @NPRextra: "I'm excited to become a part of the @npratc team & to play a role in introducing a new, diverse generation of listeners to the blend of powerful storytelling, accountability journalism & culturally relevant conversations you only find on NPR." @jmsummershttps://t.co/VYr2BbCfkR scott horsley 3 weeks ago:   Tuesday Jun 7 - 9:13pm @Clay_Masters @LukeRunyon@KUNC@CUBoulder What Clay said! And glad you’ll be doing it from the western slope! scott horsley 3 weeks ago:   Tuesday Jun 7 - 10:12am The dip in used car prices in April, like the dip in gasoline prices, appears to have reversed in May. https://t.co/zhtun0mfhV scott horsley 4 weeks ago:   Friday Jun 3 - 8:37am US employers added 390,000 jobs in May, as the unemployment rate held steady at 3.6%. https://t.co/jeeUWKwAVh scott horsley 4 weeks ago:   Thursday Jun 2 - 9:44pm @MatthewCappucci But on the plus side… https://t.co/uNkL5vhzGE
Link to Image scott horsley 4 weeks ago:   Thursday Jun 2 - 8:45am New claims for unemployment benefits dropped last week to 200,000 -- down 11,000 from the week before. The total number of people receiving jobless benefits as of May 14th was 1.3 million -- little changed from the week before. scott horsley 1 month ago:   Tuesday May 31 - 7:44pm What Robb Elementary School has meant in Uvalde's history of Mexican activism - https://t.co/v9jPBHcslN scott horsley 1 month ago:   Monday May 30 - 7:36am "The breast is the shortest supply chain," an economist argues, as the baby formula shortage highlights the fragility of the highly-concentrated industry. https://t.co/i4lsmQxG98 scott horsley 1 month ago:   Friday May 27 - 9:23am Just in time for that Memorial Day weekend road trip, AAA says the average price of gasoline FELL today, for the first time in over a month. (Not much of a dip, but still...) https://t.co/oCo6qGrhhR
Link to Image scott horsley 1 month ago:   Friday May 27 - 8:52am The personal savings rate dropped to 4.4% in April, from 5% in March. The savings rate last December was nearly twice as high. scott horsley 1 month ago:   Friday May 27 - 8:48am Spending on services rose faster in nominal terms than spending on goods in April, but if you adjust for inflation, spending on goods rose twice as fast. scott horsley 1 month ago:   Friday May 27 - 8:44am @kairyssdal Question for your Friday panel: Can Maverick deliver a soft landing? Do naval aviators even know what that means? scott horsley 1 month ago:   Friday May 27 - 8:43am Personal income rose 0.4% last month while personal spending rose 0.9%. Prices -- according to the Federal Reserve's preferred measure -- were up 0.2% between March and April, and 6.3% over the last 12 months. https://t.co/RbqYnCpWu8 scott horsley 1 month ago:   Thursday May 26 - 8:47am New claims for unemployment benefits dipped slightly last week. The total number of people receiving jobless benefits continues to decline, to 1.3 million as of early May. scott horsley 1 month ago:   Thursday May 26 - 8:46am Revised figures from the Commerce Department show the economy's hiccup in the first three months of the year was slightly larger than initially reported. GDP shrank at an annual rate of 1.5%, not 1.4%. Still mostly an inventory story. Consumer spending was stronger than thought. scott horsley 1 month ago:   Wednesday May 25 - 2:02pm GDP is expected to grow by 3.1%, while inflation is projected to end the year around 6.7%. https://t.co/Udxb1fYf0j scott horsley 1 month ago:   Wednesday May 25 - 2:00pm Congressional forecasters expect the federal deficit will shrink to $1 trillion this year, down from $2.8 trillion in 2021. Revenues as a share of the economy are the highest they've been in two decades. But that's not expected to continue in the years to come. scott horsley 1 month ago:   Tuesday May 24 - 4:29pm The Federal Trade Commission is launching an inquiry into the infant formula shortage, including whether the government's own policies may have contributed to a highly concentrated and fragile supply chain. https://t.co/1kyYNta62ahttps://t.co/ACcMJ7BAte scott horsley 1 month ago:   Friday May 20 - 10:45am @JessicaHornick@titonka Supreme Court exhibit A: flowers from Nina's garden https://t.co/Z2b6HvvRa4
Link to Image scott horsley 1 month ago:   Friday May 20 - 10:02am RT @bencasselman: When millions of older workers lost or left their jobs early in the pandemic, economists wondered how many of them would ever come back.
Two years later, the “early retirement” narrative turns out to have been largely a myth.
https://t.co/oMfIoROgUd scott horsley 1 month ago:   Thursday May 19 - 9:15am New claims for unemployment benefits rose last week to 218,000. As of 30 April, some 1.37 million people were receiving some form of jobless aid -- a drop of 69,000 from the previous week. scott horsley 1 month ago:   Thursday May 19 - 5:56am Formula for trouble: How the U.S. got into an infant formula mess - https://t.co/ACcMJ7BAte scott horsley 1 month ago:   Wednesday May 18 - 7:27pm @_ShiraCohen shorsley@npr.org scott horsley 1 month ago:   Thursday May 12 - 5:16pm Fed chairman Jerome Powell will continue to lead the fight against inflation, after winning Senate confirmation to a second term today. Powell talks about his battle plan with our friends @Marketplace.https://t.co/V0QCJnM9iQ scott horsley 1 month ago:   Thursday May 12 - 2:36pm https://t.co/lfwiHPnhVp scott horsley 1 month ago:   Thursday May 12 - 10:37am Home prices are soaring -- to levels that may be too high to sustain. Check out what's happening in your hometown. https://t.co/PIuzJWKUhc scott horsley 1 month ago:   Thursday May 12 - 8:57am @tamarakeithNPR@RAYGUNshirts An acre-foot of NPR is 326,000 gallons of public radio--or enough to satisfy a typical family for one to two years. scott horsley 1 month ago:   Thursday May 12 - 8:55am New claims for unemployment were little changed last week. 203,000 people applied for benefits. The total number of people receiving jobless aid continues to decline--to about 1.4 million as of 23 April. scott horsley 1 month ago:   Wednesday May 11 - 9:15pm A great story from Rachel Wolfe @wsj about the people and process behind today’s inflation report. https://t.co/FK3mbSNtgD scott horsley 1 month ago:   Wednesday May 11 - 8:08pm Economist Phillip Jefferson has been confirmed to a seat on the Federal Reserve’s governing board. The Senate vote was 91-7. A vote to confirm Jerome Powell to a second term as Fed chairman could come tomorrow. scott horsley 1 month ago:   Wednesday May 11 - 8:48am The price of food, rent, airline tickets and new cars rose last month. The price of used cars fell. scott horsley 1 month ago:   Wednesday May 11 - 8:40am Annual inflation dipped a bit last month, to a still high 8.3% (from 8.5% in March). A short-lived drop in gasoline prices helped, but gas prices have since rebounded to record highs. https://t.co/a7Yq1eQct8 scott horsley 1 month ago:   Wednesday May 11 - 5:34am New inflation numbers for April are due out this morning. An advisory panel suggests the government start reporting the uneven effects of price hikes on people at different income levels.
https://t.co/a7Yq1eQct8 scott horsley 1 month ago:   Tuesday May 10 - 8:59pm A divided Senate confirmed Lisa Cook to the Federal Reserve board tonight, with Vice President Harris casting the tie-breaking vote. Cook will be the first African American woman to serve on the Fed’s governing board. https://t.co/Bcbu9RXC7S scott horsley 1 month ago:   Sunday May 8 - 3:46pm RT @tamarakeithNPR: NPR’s @scottdetrow was there as @FLOTUS met with Ukraine’s First Lady…in Ukraine. It was a secret trip and the first public appearance by Olena Zelenska since the war began. https://t.co/BlyqwClZ4E scott horsley 1 month ago:   Saturday May 7 - 7:53pm RT @NickTimiraos: The point of the story: “This is an institution from top to bottom that knows that the one great sin that will be remembered by everyone 50 years later is if you let inflation get out of control.” https://t.co/jfrzdpZr4S
Link to Image scott horsley 1 month ago:   Friday May 6 - 8:40am https://t.co/psu0xLa0Lc scott horsley 1 month ago:   Thursday May 5 - 8:52am New claims for unemployment benefits rose slightly last week to 200,000 -- though this may be noise due to seasonal adjustments. (Un-adjusted claims were slightly lower.) The total number of people receiving some form of jobless aid as of mid-April dipped below 1.5 million. scott horsley 1 month ago:   Wednesday May 4 - 2:10pm https://t.co/6hyUej2pXm scott horsley 1 month ago:   Wednesday May 4 - 6:26am RT @gregorykorte: I don't claim any extraordinary foresight or expertise on constitutional law, but here's a quick thread on the day I saw this (draft) opinion overturning Roe v. Wade coming.
It was 2018, and it was the only time I've ever covered Supreme Court decisions from the chamber....🧵 scott horsley 1 month ago:   Tuesday May 3 - 5:56am https://t.co/DFKRy5op8M scott horsley 1 month ago:   Monday May 2 - 9:29pm RT @noahgcr: A few weeks ago we reported from the town of Borodyanka, a few hours northwest of Kyiv, days after it was liberated.
I brought a roll of film, which just got developed. Here are a few glimpses -- of devastation, but also of incredibly resilient people trying to rebuild: https://t.co/OFqH2c4PJx
Link to Image scott horsley 2 months ago:   Sunday May 1 - 7:39pm @MarybethMahrer Afraid that’s my much younger colleague @scottdetrow in the pic. My face is every bit as weathered as my voice. scott horsley 2 months ago:   Friday Apr 29 - 9:32am The Fed is also keeping a close eye on wages, which could fuel inflation. Wages in the first quarter were up 1.2% from the previous quarter, while overall compensation costs rose 1.4%. scott horsley 2 months ago:   Friday Apr 29 - 9:30am The Commerce Department's measure of inflation (closely watched by the Fed) show prices in March were up 6.6% from a year ago. Excluding food and energy, prices were up 5.2%. scott horsley 2 months ago:   Friday Apr 29 - 9:28am Personal spending rose 1.1% in March while personal income rose 0.5%. Americans spent more on services last month and less on stuff. Higher prices account for some of the increased spending. scott horsley 2 months ago:   Thursday Apr 28 - 9:01am New claims for unemployment benefits dipped again last week to 180,000. As of 9 April, just 1.5 million people were receiving some form of unemployment aid. (A year earlier, it was 16.5 million.) scott horsley 2 months ago:   Thursday Apr 28 - 8:54am Headline GDP was weighed down by a drop in inventories, exports, and government spending. scott horsley 2 months ago:   Thursday Apr 28 - 8:36am GDP shrank at an annual rate of 1.4% in the first three months of the year. But it's not as bad as it looks. Personal consumption grew at an annual rate of 2.7%. And private investment grew at a 2.3% pace. https://t.co/KF5pZA30fP scott horsley 2 months ago:   Thursday Apr 28 - 5:28am GDP figures out this morning are expected to show a sharp slowdown in economic growth -- perhaps even a contraction -- in the first three months of the year. But economists say that's not as worrisome as it sounds. https://t.co/KF5pZA30fP scott horsley 2 months ago:   Tuesday Apr 26 - 3:54pm Two other central bank nominations are also waiting in the wings, including Philip Jefferson to a seat on the Fed's governing board and Jerome Powell's nomination for a second term as Fed chairman. scott horsley 2 months ago:   Tuesday Apr 26 - 3:53pm The Senate voted to confirm Lael Brainard as Vice Chair of the Federal Reserve. But confirmation of a second Fed nominee, Lisa Cook, is on hold for now because two Senate Democrats tested positive for COVID, and Cook is likely to need support from all 50 Democrats to advance. scott horsley 2 months ago:   Thursday Apr 21 - 2:51pm The Federal Reserve raised interest rates by 1/4 percentage point at its last meeting. And with inflation running 3-4 times the central bank's target, Fed chairman Jerome Powell says a half-point rate hike is definitely on the table at the next meeting in two weeks. https://t.co/kkCRIgjEKf
Link to Image scott horsley 2 months ago:   Thursday Apr 21 - 2:27pm The pandemic and the war in Ukraine have strained but not yet broken economic ties linking countries around the world. https://t.co/aYdUxUowFZ
Link to Image scott horsley 2 months ago:   Thursday Apr 21 - 8:56am New claims for unemployment benefits fell slightly last week to 184,000. As of 12 April, 1.6 million people were receiving some form of jobless aid. That's down nearly 91% from the 17.4 million people who were receiving unemployment benefits a year earlier. scott horsley 2 months ago:   Wednesday Apr 20 - 5:12pm RT @nprpolitics: Janet Yellen and other finance ministers walk out of G20 meeting as Russia speaks https://t.co/gkrTjF2EKM scott horsley 2 months ago:   Friday Apr 15 - 9:53am I see I'm not the first to raise this question. https://t.co/rpTWo0klLI scott horsley 2 months ago:   Friday Apr 15 - 9:52am I liked this Politico explainer about cheeseburger inflation but found myself asking, "what's the egg doing in there?" https://t.co/MnxnB6Nwqq scott horsley 2 months ago:   Thursday Apr 14 - 10:27am The average rate on a 30-year fixed mortgage has reached 5%, according to Freddie Mac, the highest since February 2011. A year ago, the average rate was just over 3%. https://t.co/se4grxPZfT scott horsley 2 months ago:   Thursday Apr 14 - 9:59am @kelsey_snell Same. This may also explain the lawn mower sound in the background of my radio reports today. scott horsley 2 months ago:   Thursday Apr 14 - 9:58am Some of the sales gains reflect a real increase, though, including sales at restaurants, clothing stores, and electronics stores. scott horsley 2 months ago:   Thursday Apr 14 - 9:56am Last month's sales increase primarily reflects higher prices rather than people buying more stuff. Increased spend at gas stations was only about half the size of last month's gasoline price hike, suggesting people are driving less. Similar but smaller drop in real grocery sales. scott horsley 2 months ago:   Thursday Apr 14 - 8:53am New claims for unemployment benefits rose slightly last week to a still-low 185,000. As of 26 March, 1.7 million people were receiving some form of jobless aid.