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Hey everyone, it's Larry Bailey. This is for the Week of February 12, 2024, in Review:

Wholesale and consumer inflation were both hotter than expected in January. There was also a pullback in new home construction, though home builders are feeling confident about the year ahead. Here are last week’s headlines:

• Consumer Inflation Above Forecasts
• Hot Wholesale Inflation a Surprise
• Home Builder Confidence at 6-Month High
• Home Construction Slowed in January
• Retail Sales Tumble to Start the Year
• Challenges Remain for Job Seekers

00:00 Introduction
02:18 Wholesale Inflation
05:53 Fed Funds Rate
08:16 Home Construction
10:08 Retail Sales
12:00 Subscribe

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