Mark Niquette

National economics reporter for Bloomberg News. All views expressed are my own.

[Mark Niquette @mniquette]

US companies in May added the most jobs since January 2025, signaling the labor market may be gaining momentum despite rising energy costs sparked by the Iran war. https://t.co/cmJjP3BaxQ https://t.co/sgKxrzVWFF

[Mark Niquette @mniquette]

US consumer spending crept up in April as war-driven inflation pressures sapped incomes and pushed the saving rate to an almost four-year low. https://t.co/lmzxrFTrwV

[Mark Niquette @mniquette]

As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.
A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern will only add to pressures into 2027.
https://t.co/HBqWCB6nK8

[Mark Niquette @mniquette]

US inflation continued to accelerate in April amid an ongoing climb in gasoline prices driven by the Iran war https://t.co/3tSeHom6Ik

[Mark Niquette @mniquette]

Politicians who’ve been cheerleading the AI data-center boom are now trying to defuse a growing backlash ahead of the midterms by having them bring their own power. So far their plan isn't winning over skeptics. https://t.co/lUJ0bsKkjk

[Mark Niquette @mniquette]

US consumer spending barely rose in February against a backdrop of persistent inflation that’s set to accelerate due to the Iran war https://t.co/qbe1EueBIh

[Mark Niquette @mniquette]

Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US
https://t.co/VyoMkdJjpk

[Mark Niquette @mniquette]

US job growth rebounded in March and the unemployment rate unexpectedly fell, suggesting the labor market was stabilizing as the Iran war began https://t.co/4FLANf7Lvo

[Mark Niquette @mniquette]

Long lines at discount pumps, fewer takeout orders and canceled trips are early signs of the strain of the Iran war on US consumers. https://t.co/RJF3OdbjZt

[Mark Niquette @mniquette]

US consumer spending barely rose in January, suggesting household demand remained sluggish after the holidays https://t.co/PN5f2Ul3Gm

[Mark Niquette @mniquette]

Donald Trump’s efforts to stabilize gas prices, which have spiked due to his war with Iran, underscore the risks of Americans' anxieties about affordability ahead of the midterm elections https://t.co/jFKLk1hsBS

[Mark Niquette @mniquette]

US employers unexpectedly cut jobs in February and the unemployment rate rose, raising doubts about the health of the labor market https://t.co/HUDrSxg2oS

[Mark Niquette @mniquette]

Walmart, a bellwether of consumer spending, cited a “hiring recession” and pressures on shoppers as it forecast less growth in earnings this year than Wall Street was expecting. https://t.co/OWHCb22BzS

[Mark Niquette @mniquette]

US orders for business equipment increased in December by more than projected, suggesting solid capital investment at the end of the year as trade policy uncertainty gradually diminishes. https://t.co/pDo8k7aIHo

[Mark Niquette @mniquette]

The great inflation shock of the 2020s, which helped bring President Donald Trump back to power, is in the rearview mirror now. But the hangover is all around.
Here's our Big Take on why affordability is poised to be a key issue in this year's midterm elections.

https://t.co/W5Cvj0EzqW

[Mark Niquette @mniquette]

US industrial production rose in January by the most in nearly a year, fueled by healthy increases in utility and manufacturing output https://t.co/m9r7AEjZhf

[Mark Niquette @mniquette]

Underlying US inflation accelerated in January from a month earlier, boosted by a pickup in services costs. https://t.co/SwAUWCHpYR

[Mark Niquette @mniquette]

The US trade deficit widened in November from the lowest level since 2009 as imports rebounded and exports fell, highlighting wide monthly swings in response to Trump’s vacillating tariffs https://t.co/AJwCczFzU0

[Mark Niquette @mniquette]

US personal spending rose at a solid pace in November, underscoring a resilient consumer at the start of the holiday-shopping season. https://t.co/ecY5kpq7UG

[Mark Niquette @mniquette]

Underlying US inflation rose in December by less than expected, a more confident signal of cooling price growth after shutdown-related distortions complicated the previous report. https://t.co/AueKMv36FT