Construction Spending on Data Centers, Factories, Powerplants, and Office Buildings: Boom, Bust, and in Between by Wolf Richter • Feb 28, 2026 • 35 Comments Despite the hoopla about data centers, spending on factory construction was five times larger.
Services PPI Inflation Explodes. Goods PPI Jumps as Companies Shuffle Tariffs to Each Other. Food & Energy Plunge by Wolf Richter • Feb 27, 2026 • 104 Comments It will further fuel the acceleration of the Fed-favored PCE Price Index.
AI, the Immigration Crackdown, and Mind-Blowing Overhiring in 2020-2022 Are Now Rattling the Labor Market by Wolf Richter • Feb 26, 2026 • 70 Comments Despite only tepid job creation by the private sector, unemployment remains historically low.
Credit Card Delinquencies, Balances, Burden, Credit Limits, and Collections in Q4 2025 by Wolf Richter • Feb 25, 2026 • 64 Comments Despite the wailing about tapped-out, struggling and cracking consumers, the credit card delinquency rate dropped to multi-year low.
WHOOSH Goes Demand for Electricity. US Power Generation by Source in 2025: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Biomass, Geothermal, Petroleum by Wolf Richter • Feb 24, 2026 • 96 Comments Amid a struggle to power AI data centers.
Biggest Single-Family Rental Landlords, Mom & Pop Landlords, and Trump’s Push to Block Big Guys from Buying More Homes by Wolf Richter • Feb 23, 2026 • 95 Comments It might not make much difference now, but it would during a housing crash.
US Treasury Debt-to-GDP Ratio Rises to 122% in Q4, Highest since Covid Spike by Wolf Richter • Feb 21, 2026 • 171 Comments The ugly debt monster grew faster than current-dollar GDP.
PCE Inflation (2.9%, 3.0%) and GDP Inflation (3.7%) Got Hotter, but CPI Inflation (2.4%) Cooled. Why? The Fed Needs to Pay Serious Attention by Wolf Richter • Feb 21, 2026 • 51 Comments The PCE price index gets pushed down far less by the doctored housing index than CPI does because housing weighs half as much in PCE.
Hot Inflation & Plunge in Federal Government Spending Slam Real GDP. But Trade Deficit Least Bad in 2 Years by Wolf Richter • Feb 20, 2026 • 28 Comments Domestic private demand, without government and trade, rose by 2.4% adjusted for inflation.
Supreme Court Strikes Down IEEPA-Based Tariffs, Doesn’t Rule on Refunds (“Likely to be a ‘Mess’”) by Wolf Richter • Feb 20, 2026 • 83 Comments Markets not surprised. 10-year Treasury yield rises modestly.
