The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
WASHINGTON, D.C. — The United States trade deficit fell sharply to $60.2 billion in June, its lowest level in nearly two years, according to fresh data released by the federal government yesterday.
Continue reading U.S. Trade Deficit Falls to 2-Year Low as Imports Drop Ahead of Tariffs
the staff of the Ridgewood blog
WASHINGTON, D.C. — The U.S. job market showed unexpected strength in June 2025, with nonfarm payrolls rising by 147,000 and the unemployment rate dropping to 4.1%, according to the Bureau of Labor Statistics (BLS). The report defied analyst predictions, reinforcing the resilience of the American labor force despite ongoing economic headwinds.
Continue reading June Job Growth Surges Past Expectations, Unemployment Drops to 4.1%
the staff of the Ridgewood blog
WASHINGTON DC, inflation came in slightly lower than expected in April 2025, offering cautious optimism for consumers and policymakers alike. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% on a seasonally adjusted basis in April, following a 0.1% decrease in March.
Continue reading April Inflation Cools Slightly: CPI Rises 0.2% as Food Prices Dip
