PNC Economics Research

CPI Inflation Tops 4% in May 2026, Still Less Severe Than Anticipated

Topline CPI inflation came in at 0.5% for the month in May 2026, up 4.2%
versus one year ago.

10 June 2026 | Kurt Rankin

Better Than Expected May Jobs Report

The U.S. economy added 172,000 jobs in May, well above expectations.

05 June 2026 | Gus Faucher

No, credit card delinquencies are not at financial crisis levels

New York Fed’s 90+ day credit card delinquency series shows credit card delinquencies approaching the highest levels since the Global Financial Crisis (GFC). The discrepancy stems largely from methodology.

04 June 2026 | Brian LeBlanc

Consumer Health Check

Using PNC’s proprietary data to illuminate trends and risks shaping U.S. consumer health.

Read Consumer Health Check

Data Releases

Trade Deficit Narrowed in April; FIFA World Cup to Benefit Services Trade

The nominal U.S. goods and services trade deficit narrowed 1.2% in April to $55.9 billion.

June 9 2026 | Ershang Liang

Existing Home Sales Up in May With Improvements in Single-Family Homes

Existing home sales were up more than 3% in May both on the month and from a year earlier.

June 9 2026 | Ershang Liang

Downward Revisions to Q1 Productivity and Unit Labor Costs

Labor productivity growth in the first quarter was revised substantially lower, to 0.3% from 0.8%.

June 4 2026 | Gus Faucher

Initial Jobless Claims Rise but Remain Low

Initial jobless claims rose by 13,000 to 225,000 in the week ending May 30.

June 4 2026 | Jay Hawkins

Beige Book Portrays an Economy That is Expanding at a Slight to Moderate Pace

Growth was modest in the U.S. in the spring, according to the Fed’s Beige Book.

June 3 2026 | Gus Faucher

ISM Services Comfortably Topped Expectations at 54.5 in May 2026

The Institute for Supply Management (ISM) reported aggregate services activity at 54.5.

June 3 2026 | Kurt Rankin

Subscribe to PNC Economics Research

Interested in getting our latest perspectives written by our team of experts?

Economics Research Archives

Published semi-annually, PNC's survey of small and mid-size business owners' expectations for their own businesses' performance, and their outlook for the national and regional economies are described in detail (available in March and September).

Explore Latest Findings