A big week ahead: be sure not to miss these important updates
Between breaking down OER, the jobs market, and the CPI, lots of new research is headed your way, with six important updates scheduled to be released in the near future.
Over the next week, a slate of important economic data is set to be released, with potentially significant market ramifications.
Given my commitment to ensuring that you stay on top of everything that you need to know in regards to the US economy, here’s a rundown of what lies ahead, and what you can expect to receive from Economics Uncovered over the coming days and weeks.
An explanation of what’s happening with owners’ equivalent rent
Following the spike in owners’ equivalent rent (OER) and its significant divergence from rent of primary residence in January, many have been wondering whether this signals an ongoing risk for the inflation outlook, or whether this is instead a temporary blip.
In addressing this divergence, the BLS recently stated that “in January 2024, the proportion of OER weighted toward single-family-detached homes increased by approximately 5 percentage points”.
The BLS have also announced that they “will hold a webinar on Thursday, March 7, 2024, at noon ET to discuss…