Evergreen explainers
Understand the release before the headline.
These source-first guides explain what major U.S. economic measures capture, what they leave out, and where to check the underlying record.
Official data explained
How to Read the CPI Inflation Report
A plain-English guide to headline CPI, core CPI, monthly changes, year-over-year changes, and the limits of one inflation release.
Read the guide →Official data explained
What the Fed Funds Rate Means—and What It Does Not
Understand the Federal Reserve's policy rate, why it differs from mortgage rates, and how Treasury yields fit into borrowing costs.
Read the guide →Official data explained
How to Read the Jobs Report
A source-first guide to payrolls, unemployment, labor-force participation, wages, and why they can send different signals.
Read the guide →Official data explained
GDP Growth and the Annualized Rate Explained
Understand real GDP, annualized quarterly growth, revisions, and why one GDP release cannot settle the economic outlook.
Read the guide →Official data explained
How to Read Housing Data Without Mistaking One Measure for Another
A guide to new-home sales, construction spending, starts, permits, prices, and why none alone measures affordability.
Read the guide →