PNC Economics Research

A Tougher Start for Young Workers

The U.S. labor market is still holding up, but the slowdown has fallen hardest on younger workers.

01 June 2026 | Gus Faucher, Rayhan Momin, Brian LeBlanc

Why SOFR Has Gone Soft

Looking at the material softening we’ve seen in funding markets since late-January, what it means, and what might be driving it.

29 May 2026 | Isfar Munir

Everything You Didn't Want to Know About the Repo Market

Understanding the repo market - the hidden plumbing of monetary policy and the backbone of financial system liquidity.

28 May 2026 | Rafael Shifren, Isfar Munir, Brian LeBlanc

Consumer Health Check

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

Read Consumer Health Check

Data Releases

Downward Revisions to Q1 Productivity and Unit Labor Costs

Labor productivity growth in the first quarter was revised substantially lower, to 0.3% from 0.8%.

June 4 2026 | Gus Faucher

Initial Jobless Claims Rise but Remain Low

Initial jobless claims rose by 13,000 to 225,000 in the week ending May 30.

June 4 2026 | Jay Hawkins

Beige Book Portrays an Economy That is Expanding at a Slight to Moderate Pace

Growth was modest in the U.S. in the spring, according to the Fed’s Beige Book.

June 3 2026 | Gus Faucher

ISM Services Comfortably Topped Expectations at 54.5 in May 2026

The Institute for Supply Management (ISM) reported aggregate services activity at 54.5.

June 3 2026 | Kurt Rankin

ISM Manufacturing Surpasses Expectations with 54.0 in May 2026

The Institute for Supply Management (ISM) reported a topline result of 54.0 for May 2026.

June 1 2026 | Kurt Rankin

April Construction Spending Rises Modestly After Early 2026 Weakness

Total construction spending rose 0.4% in April but remained below its December 2025 level.

June 1 2026 | Ershang Liang

Subscribe to PNC Economics Research

Interested in getting our latest perspectives written by our team of experts?

Economics Research Archives

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).

Explore Latest Findings