PNC Economics Research

FOMC Hikes as Expected, as Dot Plot Points to Additional Rate Hikes

The FOMC, as widely expected, increased the fed funds rate by 25 basis points.

September 16 2026 | Gus Faucher

Job growth jumps in August with positive revisions

The economy added 162,000 jobs in August, nearly triple consensus expectations.

September 4 2026 | Brian LeBlanc (primary author) and Rayhan Momin

Core CPI comes in at expectations in July

Core CPI matched expectations in July, rising 0.22% m/m after outright declining in June, while the year-over-year rate eased to 2.5%.

August 12 2026 | 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

Unemployment Insurance Claims Decline, Underscoring Labor Market Stability

Initial unemployment insurance claims fell by 1,000 in the week ending September 19.

September 24 2026 | Kurt Rankin

The Conference Board Leading Economic Index Unexpectedly Fell in August

The Conference Board Leading Economic Index (LEI) slid 0.1% in August.

September 18 2026 | Jay Hawkins

Industrial Production Flat in August; Manufacturing Output Fell 0.3%, Pulled Lower by Autos

Industrial production was flat in August, with a 0.3% decline within manufacturing. Production of motor vehicles and parts fell 1.2%.

September 18 2026 | Gus Faucher

Larger-Than-Expected August Rebound in Retail Sales As Consumers Hold Up

Retail sales jumped 1.2% in August. The timing of Amazon’s Prime Days
provided some of the boost, but the details were solidly positive.

September 16 2026 | Gus Faucher

Homebuilder Confidence Fell to a One Year Low in September

Homebuilder confidence fell to its lowest level in a year in September 2026.

September 16 2026 | Ershang Liang

August inflation seals a Fed hike in September, more hikes to follow

CPI accelerated in August, increasing 0.29% on the month in the firmest inflation print since April.

September 11 2026 | Brian LeBlanc, Rayhan Momin, Isfar Munir

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