PNC Economics Research

CPI Inflation Tops 4% in May 2026, Still Less Severe Than Anticipated

Topline CPI inflation came in at 0.5% for the month in May 2026, up 4.2%
versus one year ago.

10 June 2026 | Kurt Rankin

Better Than Expected May Jobs Report

The U.S. economy added 172,000 jobs in May, well above expectations.

05 June 2026 | Gus Faucher

No, credit card delinquencies are not at financial crisis levels

New York Fed’s 90+ day credit card delinquency series shows credit card delinquencies approaching the highest levels since the Global Financial Crisis (GFC). The discrepancy stems largely from methodology.

04 June 2026 | 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

Initial Jobless Claims Rose for the Third Week in a Row

Initial jobless claims rose by 4,000 to 229,000 in the week ending June 6.

June 11 2026 | Jay Hawkins

PPI Inflation Continued to Press Higher with a 1.1% Increase in May 2026

Final Demand PPI rose by 1.1% for the month in May 2026, matching the
revised result for April.

June 11 2026 | Kurt Rankin

Trade Deficit Narrowed in April; FIFA World Cup to Benefit Services Trade

The nominal U.S. goods and services trade deficit narrowed 1.2% in April to $55.9 billion.

June 9 2026 | Ershang Liang

Existing Home Sales Up in May With Improvements in Single-Family Homes

Existing home sales were up more than 3% in May both on the month and from a year earlier.

June 9 2026 | Ershang Liang

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

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

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