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The Federal Reserve Bank of Philadelphia’s index of manufacturing activity in the mid-Atlantic region registered -24.3 this month, diving from -8.9 in January.

Private equity firms and other investors bought 48,445 single-family homes in last year’s fourth quarter, 46 percent fewer than the same quarter in 2021, according to online broker Redfin, which monitors home sales in 40 major U.S. metro areas.

The average monthly U.S. payment for a new car has reached a record $777, industry research firm Cox Automotive reported, about 15 percent of American households’ median income after taxes.

U.S. home sales in 2022’s last quarter dove 40 percent from the same period in 2021, online brokerage Redfin reported.

In January, the Producer Price Index (PPI), a measure of wholesale prices, gained 0.7 percent, the greatest monthly increase since June, and 6 percent annually, the U.S. Bureau of Labor Statistics reported.

Twenty-seven percent of Americans are pulling money out of their savings accounts to keep spending, and 54 percent of that group is using that money to meet basic living expenses, an Ipsos poll has found.

The dollar volume of U.S. retail sales last month shot up 3 percent from December’s total, according to the U.S. Census Bureau, beating analysts’ prediction of a 1.8-percent rise.

Current federal spending trends will add $19 trillion to the U.S. national debt over the next ten years, $3 trillion more than previously estimated, because of additional expenses in interest payments, military budgets, and retirement and veterans benefits, the Congressional Budget Office (CBO) said in a 15 February report.

Household incomes are rising, the economy is adding jobs, and consumers spent 3 percent more money in January than in December, following two months of decline. 

A U.S. recession will arrive in the second half of this year, bogging down stock prices, Bank of America analysts predicted in a report last week.