PNC Economics Research

Core inflation hotter than expected, October hike back in play

Core CPI came in above expectations, increasing 0.33% against an expectation of 0.2%.

October 14 2026 | Brian LeBlanc

Revolutionary Technologies, Capex Cycles, and the Winding Path to Productivity

The potential impact of generative AI on the economy is likely to be profound and it bears all the hallmarks of a general-purpose technology.

October 08 2026 | Gagan Singh, Rayhan Momin, Brian LeBlanc, Justin Rosenkaimer

Job growth weaker than expected in September, keeping the Fed on hold in October

The economy added 29k jobs in September, well below expectations.

October 02 2026 | Brian LeBlanc, Rayhan Momin

Consumer Health Check

Using PNC’s proprietary data to illuminate trends and risks shaping U.S. consumer health.

Read Consumer Health Check

Data Releases

Industrial Production Jumped in September to Close to Record High

Industrial production rose 0.7% in September.

October 16 2026 | Gus Faucher

Solid Gain in Retail Sales in September, MuchDue to Higher Gas Prices

Retail sales rose 0.8% in September, well above the consensus expectation.

October 15 2026 | Gus Faucher

Monthly PPI Inflation Was 1.3%, Doubling Up on Market Expectations

Final demand producer prices rose 1.3% in September 2026 and were 6.3% higher than one year earlier.

October 15 2026 | Kurt Rankin

Modest Growth in September According to Beige Book

The economy expanded modestly entering the fall, according to the
Beige Book.

October 14 2026 | Ershang Liang

Existing Home Sales Rose in September, but Higher Mortgage Rates Remain a Headwind

Existing home sales rose 1.5% in September. Sales were down 2.2% from the same time last year.

October 13 2026 | Ershang Liang

Consumer Sentiment Slipped in October

Consumer sentiment slid to 46.3 in the preliminary October print from 48.1.

October 9 2026 | Jay Hawkins

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Published semi-annually, PNC's survey of small and mid-size business owners' expectations for their own businesses' performance, and their outlook for the national and regional economies are described in detail (available in March and September).

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