PNC Economics Research

CPI Inflation Matches Topline Expectations at 0.6% Monthly Gain in April 2026

Topline CPI inflation posted another significant rise in April 2026, up 3.8% versus one year ago.

12 May 2026 | Kurt Rankin

Strong Job Growth in April, Unemployment Rate Steady

The US economy added 115,000 jobs in April, above expectations.

08 May 2026 | Gus Faucher

Real GDP Rose 2.0% in 2026Q1, Below Expectations

Real Gross Domestic Product (GDP) growth accelerated to 2.0% in the first quarter of 2026.

30 April 2026 | Kurt Rankin

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Data Releases

PPI Inflation Surged by 1.4% in April 2026

Final Demand PPI rose by 1.4% for the month in April 2026, well beyond expectations of a 0.5% monthly gain.

13 May 2026 | Kurt Rankin

Existing Home Sales Up Slightly in April

Existing home sales rose marginally in April from upwardly revised March sales.

11 May 2026 | Ershang Liang

Consumer Sentiment Declines Slightly in May

Consumer sentiment fell to an all-time low of 48.2 in the preliminary May release.

08 May 2026 | Jay Hawkins

Labor Market Remains Resilient With Low Initial Claims

Initial jobless claims rose by 10,000 to 200,000 in the week ending May 2.

07 May 2026 | Ershang Liang

Nonfarm Productivity and Unit Labor Cost Growth Moderate in Q1

Nonfarm productivity inched up 0.8% annualized in the first quarter.

07 May 2026 | Jay Hawkins

March Construction Spending Rebounds From Early 2026

Total construction spending rose 0.6% in March after falling for two straight months.

07 May 2026 | Ershang Liang

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