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Ferida Wolff's Backyard: Dandelion Landing
Ferida Wolff Writes: "It was a pleasant afternoon, sunny but not too hot. Just right for being out back on the patio reading a book. But then something took my attention away from what I was reading, a puffy seed flipping over my legs. I reached out for it but it slipped off my palm and hurried off. Then I noticed other seeds frolicking over the lawn, all determined to be on their way." more »
Ferida Wolff's Backyard: Butterfly on a Sunflower; A Popular Choice of the English Subjects Placing Tributes to Queen Elizabeth
Ferida Wolff writes: "Taking a walk in a local nature center on a hot day. It was pleasant walking along the dirt paths in the cool shade of the trees on another 90-degree day. Each step brought something else to observe. The birds were out in numbers, chirping and flitting from tree to tree...There were still some flowers blooming which added color to the scene... Natalie Prince, a Windsor florist, said she had sold 8,000 sunflowers by Saturday afternoon. “She was a ray of sunshine to so many people,” said Ms. Prince, 35. “She was our sort of ray of hope.”
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Board of Governors: Minutes of the Federal Open Market Committee June 14–15, 2022; Consumer Price Inflation Remained Elevated
Total nonfarm payroll employment rose solidly in April and May, though the pace of increase was slower than in the first quarter, and the unemployment rate remained unchanged at 3.6 percent. The unemployment rates for African Americans and for Hispanics were little changed, on net, though both rates remained noticeably higher than the national average. On net, the labor force participation rate edged down between March and May, while the employment-to-population ratio was unchanged. The private-sector job openings rate, as measured by the Job Openings and Labor Turnover Survey, edged lower in April but remained at a high level. Nominal wage growth remained elevated, with average hourly earnings having risen 5.2 percent over the 12 months ending in May, and the increases were widespread across industries. Consumer price inflation remained elevated. Total PCE price inflation was 6.3 percent over the 12 months ending in April, and core PCE price inflation, which excludes changes in consumer energy prices and many consumer food prices, was 4.9 percent over the same period. more »
Ferida Wolff Writes: Winter to Spring
Ferida Wolff Writes: "Seeing the daffodils perking up brings to mind the rest of my backyard. My weedy vegetable garden needs to be cleared for new plantings. I have cucumber seeds and tomato seeds and lots of herbs all waiting to be given their chance to thrive. I’ll remove the dead branches from the hibiscus plants when the new ones start to come up. What a wonderful way to view the season. The daily temperatures may still be shifting but I am eager to start Spring planting." more »