People are buying less stuff. That might matter for inflation.
Main Street’s elevated consumption of durable goods has had both plusses and minuses for the economy.
June 24, 2024


Education and health services led the slowdown.
October 27, 2026Main Street’s elevated consumption of durable goods has had both plusses and minuses for the economy.
June 24, 2024
Economists never tell tales about the Cinderella economy or the Snow White economy.
June 3, 2024
Memorial Day marks the unofficial start of summer vacation season in the United States, but consumers are looking downbeat.
May 20, 2024
A measure of consumer sentiment showed that people are more downbeat about their current and future economic well-being than they were a month ago.
May 13, 2024
Why isn’t inflation falling as fast as economists or the Federal Reserve expected?
May 6, 2024
In my experience, kids ask the best questions.
April 29, 2024
Last week’s hotter-than-expected inflation report surprised and rattled investors.
April 15, 2024


Nela Richardson, Ph.D.
Chief Economist, ESG Officer, and head of ADP Research
Dr. Nela Richardson is chief economist and ESG officer for ADP Inc. She also leads the independent team at ADP Research, which provides reliable and timely data-driven discovery for use by the public, business leaders, and policymakers.