U.S. beef prices are setting records due to shrinking beef herds amid steady consumer demand.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Oct 28 2025
U.S. EXISTING HOME SALES EDGED HIGHER IN SEPTEMBER
In September, sales of existing U.S. homes rose 1.5 percent from August to 4.06 million units, the most since February, the National Association of Realtors reported.
EUROPEAN RATINGS AGENCY DOWNGRADES U.S. CREDIT
Scope, a major European rating agency, reduced the U.S.’s creditworthiness by one notch last week, pointing to the continued deterioration in fiscal conditions and a growing inability to govern.
INFLATION ROSE AGAIN IN SEPTEMBER BUT LESS THAN EXPECTED
Last month, the U.S. Consumer Price Index rose to 3 percent after ending August at 2.7 percent. Stock markets were buoyed by the news that the number squeaked in below analysts’ consensus forecast of 3.1 percent in a Wall Street Journal survey.
HEALTH INSURANCE REACHES $27,000 FOR FAMILY PLAN
The average cost of a family plan health insurance policy will jump 6 percent to about $27,000 in 2026, according to a survey of employers by the nonprofit KFF health research group, marking the third consecutive year in which the price has spiked.
ECONOMIC UPDATE – MARKET OVERVIEW
Today the U.S. equity markets hit fresh highs. As reported by CNBC, “The S&P 500 rose 0.23% to close at 6,890.89. It had surpassed the 6,900 level for the first time on an intraday basis earlier in the day.
AMERICA’S TWO ECONOMIES ARE MOVING FURTHER APART
The tech industry is flying high on artificial intelligence (AI). The new technology accounted for 1.1 percentage points of U.S. economic growth in the third quarter.






