the meaning of reporting

In a new report, the International Criminal Court confirmed a reasonable basis to believe that crimes against humanity have been committed in the Philippines under President Rodrigo Duterte’s merciless war on drugs https://t.co/MgWt69WUIm — New York Times World (@nytimesworld) December 15, 2020

Over 500 people have been hospitalized and at least one person killed by an unidentified illness in southern India. People have suddenly started to convulse. Nausea and loss of consciousness have been reported. Experts are still baffled by the cause. https://t.co/nmJ2XwPmNZ — The Associated Press (@AP) December 8, 2020

After today, I'll be awaiting the call to report to basic training! — Jake Wetherell (@Wetherell4cast) February 2, 2014

Try using report !

Which of the following is NOT a synonym of report ?

A. detail B. broadcast C. hide D. disclose

Words related to report

How to use report in a sentence.

Developing and manufacturing vaccines, which are significant challenges in their own right, “won’t end the pandemic quickly unless we also deliver them equitably,” the report notes.

Separately, Yelp released a new local economic impact report this week.

He based his report on information from NSA leaker Edward Snowden.

More importantly, notice that more than 70% of my impression volume comes from search terms that are not in the search query performance report .

Of the report ’s 11 recommendations, the first highlighted safety.

Then add in all bored people, as well as people whose job it is to report on celebrities.

Despite the strong language, however, the neither the JPO nor Lockheed could dispute a single fact in either Daily Beast report .

Did he go to the authorities to file a report against the Guerreros Unidos drug cartel?

The Amazon biography for an author named Papa Faal mentions both Gambia and lists a military record that matches the FBI report .

Most of my observations are in keeping with Skutch's detailed report of the species in Central America.

Aguinaldo withheld his decision until Paterno could report to him the definite opinions of his generals.

William has thus been happily able to report to the society the approaching conversion of M'Bongo and his imminent civilization.

At last the report of several rifles from the island of trees gave us a clue to the mystery.

Mrs. Charmington hastened to spread the report that his Royal Highness was seriously smitten.

British Dictionary definitions for report

Derived forms of report, word origin for report.

Different coloured notion screens, representing the reporting blog post.

If your whole organization fits in a single conference room, it’s pretty easy to get visibility on everyone’s projects. Just find the right person, tap them on the shoulder, and ask for an update. Doesn’t really work that way for everyone else. In most organizations, when a stakeholder wants actionable insights, they get them from a report.

Let’s dive into the discipline of reporting, common project management reports, the tools people use, and more.

A definition of reporting

Reporting covers the workflows you rely on to keep people in the loop. Exact workflows can and will vary depending on your teams, the size of your organization, and even your industry. In a tech company, a reporting workflow might focus on the conversion of free users to paid plans, while a construction company might use reporting to keep massive projects on budget and on time.

Think of “reporting” as an umbrella term. Within it are the actual tasks that go into creating and disseminating your reports, the tools you use, the workflows you contribute to, and the reports themselves.

What is a report?

A report is a document created to communicate essential information. That information can be a written account of a specific situation — like a project status report. It can also be a spreadsheet or dashboard that focuses on quantitative information — like sales numbers or budget reports.

Most reports are built and consumed in a disposable way. A project manager might be asked to create a project status report every week, bi-weekly, or monthly. They draft up the report, send it off to stakeholders, and then it’s never used again. Thankfully, many industries use digital formats for reporting.

Now that you know what a report is, let’s go over the six most common types of reports.

6 types of project management reports

A project management report can take many forms, each used to communicate important updates about a specific project. These are usually sent out to team leads, departments heads, and other stakeholders. Project managers might collect multiple updates into one large report or send out smaller, bite-sized reports focusing on a specific aspect of their project. Here are the six most common project management reports.

Next, let’s dive into how these reports are generated.

What tools are used for reporting?

A lot of time and effort goes into building a report, and there are usually more than a few tools involved. Here are just a few of the tools that might be involved in your reporting workflow.

Work management tools

A work management tool is a tool that helps teams track, complete, and collaborate on their work asynchronously. Some, like Trello , work a bit like a big whiteboard covered in Post-It notes. Others, like Wrike or Jira , use more advanced project management methodologies to break down work.

Many of these tools have features that make reporting much simpler, like time tracking and built-in project health reports.

Database and spreadsheet tools

These tools have been around for so long they’ve become ingrained in office culture. The classic spreadsheet tool, Microsoft Excel, is a powerhouse for building databases and collecting data, but many alternatives exist .

Spreadsheets are the go-to method for reporting on and displaying quantitative data. Whether you’re building a budget report, communicating sales figures, or tracking conversion rates, a spreadsheet tool should be part of your stack.

Business intelligence tools

Business intelligence tools pull data from multiple sources and give you the ability to transform and analyze it. For example, a tool like Looker might surface metrics from your payment platform, your website, and your marketing channels to help you report on the effectiveness of your marketing campaigns.

A business intelligence tool can serve as a one-stop-shop for many of your reports. They might not always give you the best visibility on specific projects, but they can give you a better sense of the big picture.

A CRM , or customer relationship management platform, is a piece of software that allows organizations to build relationships with their prospects, customers, and other contacts. A sales team will use a CRM to track their work as they close deals and find new potential customers. Support agents might use their CRM to review a customer’s history as they work on support tickets.

Many CRMs, like HubSpot and Salesforce , have robust reporting features. These can be used to generate sales reports, growth numbers, and more.

Unito’s Report on Reporting

Because reporting is such an important workflow, we wanted to get the lay of the land before building dedicated integrations for it. What are some of the biggest headaches that come with reporting? What tools do people use? How can these problems be solved?

That’s why we surveyed 150 knowledge workers from a variety of industries, asking them about their reporting workflows and their tool stack.

We poured through the data and broke it down in Unito’s Report on Reporting . Click the link below to get your free copy.

Ge t the ebook here

Why reporting workflows need integrations.

One of the big takeaways from our ebook on reporting was just how many tools people were using. There isn’t usually a single go-to tool for building reports. More often than not, people use a combination of work management tools, business intelligence platforms, CRMs, and other seemingly unrelated tools.

That means anyone building a report has to go through all these tools, over and over again, to collect data manually. And that’s not to mention all the work that goes into building the actual report.

But when you have the right integration, you can make that work disappear. You can turn manually-created, throwaway reports into dynamic dashboards that are automatically updated as work progresses in other tools.

Here are just a few examples of how that’s done with Unito:

Want to know more?

With a project reporting workflow powered by Unito, automate reporting and save everyone time.

Learn about this workflow

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Definition of 'reporting'

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At work, we often hear others talking about reports. But what does reporting mean exactly? There are multiple types of reporting. Can you clearly tell the difference?

In this article, I would like to introduce what reporting is and give you some examples to clarify the key concepts. Let’s dive in!

What is Reporting?

Formal or informal, informational or analytical, periodic reports, functional reports, who to report to reporting structure.

Reports use tables, charts, and other widgets to display data. Reporting can also be understood as the process of presenting the results of a series of research and analysis. All reports address some specific goal. They are structured to meet reader’s expectations and deliver accurate and objective content.

Among all reports, the dashboard report is the most typical application that uses various visual elements. So it is often used as a visual representation of the company’s key performance indicators (KPI).

The reports and dashboard examples in this article are all built-in templates made by FineReport . The software offers a free version for personal use.

Difference between Analysis and Reports

Simply put, you can understand the report as a snapshot of the actual situation, and the analysis can be described as the further exploration of the phenomenon. Analysis and reporting are pretty different two terms. If you want to know in more details, you can refer to: Reporting vs Analytics: Why Different & Which is More Needed?

Difference between BI and Reporting

Although sometimes the purpose is overlapping, the role of reporting and BI tools are different. I listed the difference between the two in BI Reporting：Everything You Need To Know . You can also refer to the picture below to understand their difference.

What are the Types of Reports?

A formal report is an official report. It tends to be a carefully structured and fixed style. Formal reports are usually facing professionals or external supervisors. Informal reports , by contrast, are generally developed with natural, casual use of language. More often, we can see that informal reports are for non-professionals or used internally.

Cash Flow Statement is a Kind of Formal Report

Informational reports provide data, facts, feedback, and other types of information without analysis or recommendations.

Analytical reports , on the other hand, present attempts to solve problems. Analytical reports offer both information, analysis, and recommendations.

Periodic reports are used to regularly record data and summarize the results. The time interval can be daily, monthly, yearly, or record at a custom interval.

According to the functions carried by the report, it can be divided into accounting reports , financial reports , marketing reports , sales reports , project reports , and so on.

Of course, there are numerous ways of classifying reports. From a more specific and practical level, I wrote a post and listed the top 10 report types and examples that are often used in enterprise reporting systems. They are sorted by how they organize and display data, including detail reports, group reports, pagination reports, etc.

You can also define your statement based on the role of the reporter. A company’s reporting structures can be different depending on its corporate culture.

The hierarchy looks like a pyramid, with C-level executives at the top, followed by middle-level managers, and finally staff-level employees. The relatively flat report structure still maintains a certain hierarchy level, and the power will be more dispersed.

When you present up or down, you are doing a vertical report. They may be more formal and structured. Lateral reports are more flowing within a similar level, and better collaboration has been reached. The rules on lateral reports tend to be more accessible and loose, but the information should be more up-to-date.

What is Reporting Tool?

Reporting tools ensure the trustworthy basis of the information reported. A professional reporting software allows you to extract and present data in charts, tables, and other visualizations effectively.

The goal of reporting tools and business intelligence tools is to translate data into actionable information. And actionable information empowers you with the knowledge to make better business decisions.

FineReport offers a range of features in the enterprise data-driven decision, including data preparation, data entry, report design, visualization, dashboard, mobile reporting, decision-making platform, and so on.

FineReport provides you with a brand new report-making experience.

Ease-to-use

FineReport supports quick connection to the data source through an Excel-like designer and creating a real-time report by dragging and dropping . It can be deployed independently or seamlessly integrated with other customized systems. Simply put, it is easy to learn, easy to use, and easy to implement.

Professional

FineReport has three report design modes to support the production of various complex reports, including data filling reports, responsive reports, etc, which can flexibly costumize the need of different reporting scenarios.

The data visualization function of FineReport is really powerful, more than 70 independently developed chart styles provide cool data visualization effects, which can meet almost any report demand. FineReport also has excellent dynamic effects and a powerful interactive experience. Various features can be set according to the needs during use, and can also be self-adjusted and displayed on the mobile terminal and large LED screen.

The data management system and the decision-making platform’s support can adapt to a series of situations, such as data recording, process approval, and authority management. Therefore, FineReport can flexibly respond to changing business needs, such as operations, human resources, financial management, contract management, etc.

Reporting is a common method of conveying information in companies. Depending on the objective, the function, format, structure, and elements of the report may vary. Tables, charts, and other visual widgets are often used in reports. In this article, we have listed some templates and report examples. These templates are built-in in FineReport, and you can download them to experience FineReport’s expertise in enterprise reporting.

Explore Other Resources

How to Write a Report: A Guide

A report is a nonfiction account that presents and/or summarizes the facts about a particular event, topic, or issue. The idea is that people who are unfamiliar with the subject can find everything they need to know from a good report.

Reports make it easy to catch someone up to speed on a subject, but actually writing a report is anything but easy. So to help you understand what to do, below we present a little report of our own, all about report writing.

Communicate with confidence Grammarly helps you write the way you intend Write with Grammarly

What is a report?

In technical terms, the definition of a report is pretty vague: any account, spoken or written, of the matters concerning a particular topic. This could refer to anything from a courtroom testimony to a grade schooler’s book report.

Really, when people talk about “reports,” they’re usually referring to official documents outlining the facts of a topic, typically written by an expert on the subject or someone assigned to investigate it. There are different types of reports, explained in the next section, but they mostly fit this description.

What kind of information is shared in reports? Although all facts are welcome, reports, in particular, tend to feature these types of content:

Reports are closely related to essay writing , although there are some clear distinctions. While both rely on facts, essays add the personal opinions and arguments of the authors. Reports typically stick only to the facts, although they may include some of the author’s interpretation of these facts, most likely in the conclusion.

Moreover, reports are heavily organized, commonly with tables of contents and copious headings and subheadings. This makes it easier for readers to scan reports for the information they’re looking for. Essays, on the other hand, are meant to be read start to finish, not browsed for specific insights.

Types of reports

There are a few different types of reports, depending on the purpose and to whom you present your report. Here’s a quick list of the common types of reports:

Reports can be further divided into categories based on how they are written. For example, a report could be formal or informal, short or long, and internal or external. In business, a vertical report shares information with people on different levels of the hierarchy (i.e., people who work above you and below you), while a lateral report is for people on the author’s same level, but in different departments.

There are as many types of reports as there are writing styles, but in this guide, we focus on academic reports, which tend to be formal and informational.

>>Read More: What Is Academic Writing?

What is the structure of a report?

The structure of a report depends on the type of report and the requirements of the assignment. While reports can use their own unique structure, most follow this basic template:

If you’re familiar with how to write a research paper , you’ll notice that report writing follows the same introduction-body-conclusion structure, sometimes adding an executive summary. Reports usually have their own additional requirements as well, such as title pages and tables of content, which we explain in the next section.

What should be included in a report?

There are no firm requirements for what’s included in a report. Every school, company, laboratory, task manager, and teacher can make their own format, depending on their unique needs. In general, though, be on the lookout for these particular requirements—they tend to crop up a lot:

As always, refer to the assignment for the specific guidelines on each of these. The people who read the report should tell you which style guides or formatting they require.

How to write a report in 7 steps

Now let’s get into the specifics of how to write a report. Follow the seven steps on report writing below to take you from an idea to a completed paper.

1 Choose a topic based on the assignment

Before you start writing, you need to pick the topic of your report. Often, the topic is assigned for you, as with most business reports, or predetermined by the nature of your work, as with scientific reports. If that’s the case, you can ignore this step and move on.

If you’re in charge of choosing your own topic, as with a lot of academic reports, then this is one of the most important steps in the whole writing process. Try to pick a topic that fits these two criteria:

Of course, don’t forget the instructions of the assignment, including length, so keep those in the back of your head when deciding.

2 Conduct research

With business and scientific reports, the research is usually your own or provided by the company—although there’s still plenty of digging for external sources in both.

For academic papers, you’re largely on your own for research, unless you’re required to use class materials. That’s one of the reasons why choosing the right topic is so crucial; you won’t go far if the topic you picked doesn’t have enough available research.

The key is to search only for reputable sources: official documents, other reports, research papers, case studies, books from respected authors, etc. Feel free to use research cited in other similar reports. You can often find a lot of information online through search engines, but a quick trip to the library can also help in a pinch.

3 Write a thesis statement

Before you go any further, write a thesis statement to help you conceptualize the main theme of your report. Just like the topic sentence of a paragraph, the thesis statement summarizes the main point of your writing, in this case, the report.

Once you’ve collected enough research, you should notice some trends and patterns in the information. If these patterns all infer or lead up to a bigger, overarching point, that’s your thesis statement.

For example, if you were writing a report on the wages of fast-food employees, your thesis might be something like, “Although wages used to be commensurate with living expenses, after years of stagnation they are no longer adequate.” From there, the rest of your report will elaborate on that thesis, with ample evidence and supporting arguments.

It’s good to include your thesis statement in both the executive summary and introduction of your report, but you still want to figure it out early so you know which direction to go when you work on your outline next.

4 Prepare an outline

Writing an outline is recommended for all kinds of writing, but it’s especially useful for reports given their emphasis on organization. Because reports are often separated by headings and subheadings, a solid outline makes sure you stay on track while writing without missing anything.

Really, you should start thinking about your outline during the research phase, when you start to notice patterns and trends. If you’re stuck, try making a list of all the key points, details, and evidence you want to mention. See if you can fit them into general and specific categories, which you can turn into headings and subheadings respectively.

5 Write a rough draft

Actually writing the rough draft , or first draft, is usually the most time-consuming step. Here’s where you take all the information from your research and put it into words. To avoid getting overwhelmed, simply follow your outline step by step to make sure you don’t accidentally leave out anything.

Don’t be afraid to make mistakes; that’s the number one rule for writing a rough draft. Expecting your first draft to be perfect adds a lot of pressure. Instead, write in a natural and relaxed way, and worry about the specific details like word choice and correcting mistakes later. That’s what the last two steps are for, anyway.

6 Revise and edit your report

Once your rough draft is finished, it’s time to go back and start fixing the mistakes you ignored the first time around. (Before you dive right back in, though, it helps to sleep on it to start editing fresh, or at least take a small break to unwind from writing the rough draft.)

We recommend first rereading your report for any major issues, such as cutting or moving around entire sentences and paragraphs. Sometimes you’ll find your data doesn’t line up, or that you misinterpreted a key piece of evidence. This is the right time to fix the “big picture” mistakes and rewrite any longer sections as needed.

If you’re unfamiliar with what to look for when editing, you can read our previous guide with some more advanced self-editing tips .

7 Proofread and check for mistakes

Last, it pays to go over your report one final time, just to optimize your wording and check for grammatical or spelling mistakes. In the previous step you checked for “big picture” mistakes, but here you’re looking for specific, even nitpicky problems.

A writing assistant like Grammarly flags those issues for you. Grammarly’s free version points out any spelling and grammatical mistakes while you write, with suggestions to improve your writing that you can apply with just one click. The Premium version offers even more advanced features, such as tone adjustments and word choice recommendations for taking your writing to the next level.

Home » Accounting » Management Accounting » Reporting & Communication | Meaning | Definition | Differences

Reporting & Communication | Meaning | Definition | Differences

Table of Contents

What is a Report?

The word “report” is derived from the Latin word “Portare” which means “to carry”. So, “report” is a document which carries the information. Report is carrying the information in a written format for any event which was already happened.

Meaning of an Ideal Report

An Ideal Report means a report prepared under some rules and principles and serves the purposes of all parties interested in the business to the maximum possible extent.

Meaning & Definition of reporting

Reporting is a process of communicating the accounting facts and information relating to the business.

Definition of reporting

According to S.P.Gupta,

“Reporting may be defined as communicating the facts and data through reports and statements to the persons for whom such facts and data are complied and collected”.

Differences between reporting and communication

The differences between reporting and communication are presented below.

These are the top 10 differences between reporting and communication.

Report Writing And Its Significance In Your Career

You reach the office at around 9.00 AM, switch on your system, and start working. It’s a usual workday for…

You reach the office at around 9.00 AM, switch on your system, and start working. It’s a usual workday for you until your manager comes to your desk and asks you to create a sales report. That’s the first time you’ve got such a task, and find yourself struggling with basic questions such as, “What’s a report?” and “How do I write one?”

What Is Report Writing?

Elements of report writing, importance of report writing.

You must have heard the term ‘report writing’ before.

According to the commonly known definition of report writing, a report is a formal document that elaborates on a topic using facts, charts, and graphs to support its arguments and findings.

Any report—whether it’s about a business event or one that describes the processes of various departments in a company—is meant for a particular type of audience.

But why do you think your manager wants you to create a report?

One simple answer is: an elaborate report prepared with evaluated facts helps solve complex problems. When managers come across certain business situations, they ask for comprehensive and well-thought-out reports that can help them design business plans.

Once you have an idea about what a report is, the next step is to understand how you can write one.

There are different types of reports, and each has a specific structure, usually known as ‘elements of the report’.

While we tell you what the elements of report writing are, if you want detailed guidance, you can go for Harappa Education’s Writing Proficiently course that talks about the popular PREP (Point of starting, Reason, Evidence, and Point of ending) model of report writing.

Every report starts with a title page and a table of contents, after which come the main sections–the executive summary, introduction, discussion, and conclusion.

Executive Summary:

Do you remember summary writing for English class during school days? You were asked to read a story or passage and write a summary, including the important takeaways.

That’s exactly what you are expected to do in a report’s executive summary section. This section presents a brief overview of the report’s contents. You should present the key points of the report in this section.

But why is it important to write an executive summary at the start of the report?

Firstly, the summary will help readers better understand the purpose, key points, and evidence you are going to present in the report. Secondly, readers who are in a hurry can read the summary for a preview of the report.

Here are some specifics that will help you write a clear and concise summary:

Include the purpose of your report and emphasize conclusions or recommendations.

Include only the essential or most significant information to support your theories and conclusions.

Follow the same sequence of information that you have used in the report.

Keep the summary length to 10-15% of the complete report.

Try not to introduce any new information or point in summary that you haven’t covered in the report.

The summary should communicate the message clearly and independently.

Introduction:

The introduction section should:

Briefly describe the background and context of the research you have done.

Describe the change, problem, or issue related to the topic.

Define the relevant objectives and purpose of the report

Give hints about the overall answer to the problem covered in the report.

Comment on the limitations and any assumptions you have made to get to the conclusion.

Discussion:

This section serves two purposes:

It justifies the recommendations.

It explains the conclusions.

While you are writing the discussion section, make sure you do the following:

Present your analysis logically.

If needed, divide the information under appropriate headings to improving readability and ease of understanding.

Explain your points and back up your claims with strong and evaluated evidence.

Connect your theory with real-life scenarios

Conclusion:

The last key element of report writing is the conclusion section. Present the conclusion as follows:

The primary conclusion should come first.

Identify and interpret the major problems related to the case your report is based on.

Relate to the objectives that you have mentioned in the introduction.

Keep the conclusion brief and specific.

Before you start writing a report, it’s important to understand the significance of the report. It’s also crucial to research independently instead of relying on data and trends available on the internet, besides structuring the report properly. Here’s why:

Decision-Making Tool

Organizations require a considerable amount of data and information on specific topics, scenarios, and situations. Managers and decision-makers often use business reports and research papers as information sources to make important business decisions and reach solutions.

Another reason that adds to the significance of report writing is that it is a collection of evaluated information.

Different types of activities by different departments define an organization. Think of the departments your organization has–development, sales, distribution, marketing, HR, and more. Each department follows defined processes and protocols that require many small and large activities on a daily basis.

It is impossible for the management to keep an eye on the different activities in each department.

That’s where the reports can help. With every department writing and maintaining periodic reports, keeping a tab of ongoing activities becomes easier for the management.

Professional Improvements

During the annual appraisal cycle, your manager will ask you to write reports to explain your position, level of work, and performance.

If you have ever wondered how your manager decided to promote your colleague and not you, the answer may lie in his well-presented report.

Quick Source For Problem-Solving

There’s no denying that managers require accurate information on various topics to make quick decisions. Often due to urgency, managers only rely on business reports as an authentic source of information. Almost every employee would have witnessed a situation that needed the manager’s attention urgently. Reports come in handy during such situations.

Report writing is a significant exercise in many ways for your professional life. If you are not well-versed with it already, you must start working on your report writing skills now. For more help or guidance to learn this new skill, sign up for Harappa’s Writing Proficiently course.

Make the most of your time at home and master this new skill. Work on many assignments, improve your skills, and become a pro at report writing.

Explore our Harappa Diaries section to learn more about topics related to the Communicate habit such as the Importance of Writing Skills and the Cycle of Communication .

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Meaning of report – Learner’s Dictionary

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Christians caught with a Bible in North Korea have faced death and had their families, including children, thrown in prison for life, a new report says

North Korea is notorious for the cruelty it inflicts on people deemed undesirable by the state. In the Hermit Kingdom that prizes weaponry over its own people, many of whom are starving and live in abject poverty, tens of thousands of Christians are said to be languishing in prisons.

A recently released Department of State report notes that while North Korea constitutionally allows for religious freedom, there is no such thing in practice.

The constitution vaguely states that religion must not harm the state or social order, giving authorities room to target those who seek to openly follow their faith.

The report from the State Department's Office of International Religious Freedom, citing research conducted by non-governmental organizations which have gathered testimony from defectors, says as many as 70,000 Christians have been imprisoned in camps along with those believers from other religions.

One NGO, Open Doors USA, has reported that for Christians in North Korea, life is a "constant cauldron of pressure" and "capture or death is only a mistake away."

As State highlights in its report, North Korean government documents state that "freedom of religion is allowed and provided by the State law within the limit necessary for securing social order, health, social security, morality and other human rights."

Anything beyond that can land citizens in deep trouble.

People who have been arrested for religious crimes have reportedly faced detention and forced labor, torture, sexual violence, and death.

Christians are considered a "hostile class" in the songbun system, in which people derive status from loyalty to the state and its leadership. Christians, ODUSA reported, are regarded as the lowest in society and are constantly "vulnerable and in danger."

The Department of State, pulling from information collected by NGOs, noted that an entire family, including their two-year-old child, was imprisoned following the discovery of their religious practices and possession of a Bible.

The family, which was most likely targeted by the Ministry of State Security that handles roughly 90 percent of these cases, was sentenced to life in prison.

A report from the NGO Korea Future documented a shocking incident in which a man caught praying was nearly beaten to death by guards. Another incident involved a Korean Worker's Party member who was found with a Bible, taken by authorities out to an airfield, and executed before a crowd of thousands.

North Korea celebrates the Kim family, specifically the current ruler, Kim Jong Un, and his late father and grandfather, Kim Jong Il and Kim Il Sung, above all, recognizing the Kim dynasty or Mount Paektu bloodline in ways reminiscent of deification.

The State Department report, pointing to Korea Future's research, says that the state ideology "Kimilsungism-Kimjongilism" has "many hallmarks of religion." It notes the state regards the two previous leaders as "extraordinary beings."

ODUSA has reported that Christian materials, including Bibles, are leftovers from the early 20th century up to World War II and are passed among believers. Though there have been reports of underground churches, it is unclear if these are active given that, as one defector said, "meeting other Christians in order to worship is almost impossible." Some even fear being reported by their own family members.

This situation has long been a problem in North Korea, and State noted that "multiple sources indicated the situation had not fundamentally changed since" the 2014 UN Commission of Inquiry report on human rights in the in North Korea was published. That report found that North Korea "denied the rights to freedom of thought, conscience, and religion" and engaged in "crimes against humanity."

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The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike

The US economy has encountered some expected turbulence on inflation’s descent.

The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warnings that reining in price hikes “is likely to be bumpy.” But with spending also heating up, Friday’s data from the Commerce Department kicked up the odds for further rate hikes.

The Personal Consumption Expenditures price index rose 4.4% for the 12 months ended in April, up from a 4.2% increase seen in March, according to data released Friday by the Commerce Department. Rising energy prices (up 0.7% month on month) helped push up the headline PCE index; prices for goods and services increased 0.3% and 0.4%, respectively, while food prices showed a very slight decrease.

The closely watched core PCE index — where volatile components of food and energy are excluded — unexpectedly ticked up: The Fed’s go-to gauge was up 4.7% for the year. In March, the core PCE gauge grew by 4.6%.

Economists had forecast that core PCE would hold steady at 4.6%, according to Refinitiv.

On a monthly basis, the headline and core indexes were both up 0.4%. In March, the headline PCE index showed a 0.1% gain, while core accelerated by 0.3%.

Economists polled by Refinitiv were expecting April’s monthly core price to increase 0.3%.

The PCE indexes are part of the Personal Income and Outlays report, which provides a more comprehensive look at shifts in prices, including how consumers respond to them and how much consumers are spending, bringing in and saving.

Consumer spending jumped 0.8% in April from March, double what economists had expected. Excluding the effects of inflation, real consumer spending increased 0.5%, reflecting a boost seen from new car purchases, according to the report. Household income ticked up to 0.4% from March; the prior month, personal income grew 0.3%.

As spending increased faster than incomes, the personal saving rate fell to 4.1% in April.

“Inflation has peaked and is moderating, but it remains much too high,” said Mark Zandi, Moody’s Analytics chief economist, in an email to CNN. “It is encouraging that the cost of housing services is moderating, reflecting weaker rents; but health care inflation is picking up, reflecting a tight health care labor market and quickly rising labor costs.”

He added: “It is critical that inflation moderate further, otherwise the Fed will continue to increase rates, which will ultimately undermine the economy and push it into recession.”

Another hike becoming more likely

Since March last year, the Fed has hiked its benchmark interest rate 10 consecutive times as part of efforts to cool demand and bring down high inflation.

At the central bank’s policymaking meeting earlier this month , Fed officials voted unanimously on a quarter-point rate increase. They also signaled that a pause could be on the table in June as they continued to evaluate the effects from the barrage of rate hikes as well as banks tightening their lending standards amid broader sector turmoil.

Just before the Commerce Department data was released on Friday, markets had the probability of a Fed pause at 54.2%, according to CME FedWatch . A little more than an hour later, those odds shifted to a 58.5% probability of a quarter-point hike next month.

“We’ve said we went back to normal [after the pandemic], but the problem is, that doesn’t mean inflation immediately goes back to normal,” Laura Veldkamp, finance professor at Columbia University’s Graduate School of Business, told CNN in an interview. “Inflation has taken on a life of its own.”

The deeply embedded and persistent inflation has been expected to come down slowly. However, if there are hiccups along the way and inflation accelerates, then it may mean that more aggressive policy is warranted, Veldkamp said.

The Fed hopes to meet its mandate without triggering a recession, but it’s a “delicate” process, she said.

Visitors outside the US Capitol building in Washington, DC, US, on Tuesday, May 23, 2023.

'It's going to be catastrophic:' The debt ceiling standoff is worrying for some Americans

“We’re walking a very fine line now, with a fairly rapid rate of interest rate increases,” she said. “It doesn’t seem to have caused a recession yet, but I think we’re dancing on the edge. And if we start to see prices go up more, which suggests they’re going to have to do more, I think it’s going to be very difficult to maintain that delicate balancing act.”

There are some indications that the economy is weakening: Growth is slowing and consumer spending is softer than it was last year amid persistently high inflation, increasing interest rates and rising recession concerns.

“The average consumer is in a worse place than they were a year ago, in terms of spending,” Sofia Baig, economist at decision intelligence company Morning Consult, told CNN.

The University of Michigan’s latest read on consumer sentiment showed that Americans’ economic outlooks weakened in May — driven down in part by the unresolved debt ceiling negotiations and fears of default . Consumers’ long-run inflation expectations ticked up to 3.1%, the highest level since June 2022, when inflation peaked.

“Consumer resilience has been supported by strong incomes thus far. However, high inflation continues to erode consumers’ living standards, and their confidence in the economy remains woefully negative,” said Joanne Hsu, director of the Surveys of Consumers.

“If the debt ceiling is breached, we will not be able to depend on consumer resilience to prop up the economy and avoid the catastrophic economic consequences to follow,” she said.

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“Every truth is from the Holy Spirit”: On Pentecost Sunday

On the Readings for Pentecost Sunday, May 28, 2023

May 26, 2023 Carl E. Olson The Dispatch 2 Print

Readings (for Mass during the day): Acts 2:1-11 Psa 104:1, 24, 29-30, 31, 34 1 Cor 12:3b-7, 12-13 or Gal 5:16-25 Jn 20:19-23 or Jn 15:26-27; 16:12-15

How are relationships created? What is the primary means by which people first encounter one another and connect? Through words. The use of words and language is unique to man among all the creatures. The Catholic novelist and essayist Walker Percy, who had a lifelong fascination with semiotics—the study of signs and how meaning is communicated—wrote that “the place where man’s singularity is there for all to see and cannot be called into question, even in a new age in which everything else is in dispute … is language”.

This is a very biblical notion, for Scripture is filled, from beginning to end, with examples of the unique power of words. Genesis opens with God creating the heavens and the earth by speaking: “Let there be light, and there was light.” And there was, we read, “a mighty wind sweeping over the waters,” that is, the Spirit of God (Gen 1:1-3). The words of God are always accompanied or communicated by the Spirit of God. When King David, on his death bed, stated, “The spirit of the Lord spoke through me; his word was on my tongue” (2 Sam 23:2), and similar statements were made by the prophets.

Jesus, in his great discourse in the Gospel of John, promised to send “the Advocate” and “Spirit of truth,” who would “testify to me” and “will guide you to all truth.” The Holy Spirit gives witness to the Son. And just as the Son came to do the will of the Father, the Holy Spirit speaks on behalf of the Father and Son: “He will not speak on his own, but he will speak what he hears, and will declare to you the things that are coming.” He glorifies the Son, just as the Son glorifies the Father, for the three divine Persons are completely and perfectly communicating themselves to one another. And that is the essence of love: total and perfect self gift.

Such is the perfect intimacy of the three Persons of the Trinity: the Father, rich in mercy, has sent the Son, who humbles himself to carry out the Father’s will in love; the Holy Spirit is sent by the Father to testify to the Son and to give him glory; the Son and Holy Spirit both, in turn, give everything back to the Father in love.

God is, of course, the author of all Truth. “Every truth,” said St. Thomas Aquinas, “without exception—and whoever may utter it—is from the Holy Spirit.” The Holy Spirit’s work of guiding the Church, as the soul of the Church, is one of truth. The promise given by Jesus to the disciples is revealed at Pentecost. How so? Through a “noise like a strong driving wind” which filled the house, and then through what appeared to be tongues of fire, which rested upon each one there. And then came the words: “And they were all filled with the Holy Spirit and began to speak in different tongues, as the Spirit enabled them to proclaim.”

Those gathered in Jerusalem for the feast were amazed “because each one heard them speaking in his own language.” People from all throughout the Mediterranean heard the Gospel proclaimed: “we hear them speaking in our own tongues of the mighty acts of God.” Those mighty acts had been realized and fulfilled in the Incarnate Word, who became man by the power of the Holy Spirit and the Virgin Mary, who suffered, died, and rose again on the third day.

We have been saved by the Word. In baptism, by the power of the Holy Spirit, we are filled with divine life and are thus in communion and communication with God. We are joined to the Body of Christ—the Church—drinking “of the one Spirit”, the Giver of Life.

If you value the news and views Catholic World Report provides, please consider donating to support our efforts. Your contribution will help us continue to make CWR available to all readers worldwide for free, without a subscription. Thank you for your generosity!

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“Mothers are closer to God the Creator than any other creatures”

What happened in the life of the Blessed Virgin Mary can and must happen in our own lives. Each of us has received the Holy […]

Sin, cheap grace, and John the Baptist

Editor’s note: The following homily was preached on the Second Sunday of Advent (December 4, 2022), at Mount Calvary Church in Baltimore (Ordinariate of the Chair of St. Peter). We have completed one-fourth of our […]

Pentecost and the Role of the Laity

Editor’s note: The following homily preached by the Reverend Peter M. J. Stravinskas, Ph.D., S.T.D., today, on the Solemnity of Pentecost (4 June 2017), at the Church of the Holy Innocents in New York City. […]

He will lead you to all truth remind you of everything I said to you are words that signify the great gift of the Holy Spirit. There’s a continuity in receiving Christ in the Holy Eucharist and the indwelling of the Holy Spirit. I believe it was the Apostle John in his letters that said if we’re willing to suffer for others we’re assured of the Spirit within us. Beautiful thoughts for my homily.

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“Every truth is from the Holy Spirit”: On Pentecost Sunday -

The beauty market in 2023: A special State of Fashion report

The State of Fashion: Beauty

In 2022, the beauty market—defined as skincare, fragrance, makeup, and haircare—generated approximately $430 billion in revenue. Today, beauty is on an upward trajectory across all categories. It has proven to be resilient amid global economic crises and in a turbulent macroeconomic environment. Beauty is now an industry that many people, from top-tier financiers to A-list celebrities, want to be a part of—and with good reason. Following a solid recovery since the height of the COVID-19 pandemic, the beauty market is expected to reach approximately $580 billion by 2027, growing by a projected 6 percent a year (Exhibit 1). This is in line with or slightly higher than other consumer segments such as apparel, footwear, eyewear, pet care, and food and beverages.

About the authors

This article is a collaborative effort by Imran Amed, representing views from the Business of Fashion, and Achim Berg , Sara Hudson , Kristi Klitsch Weaver , and Megan Lesko Pacchia, representing views from McKinsey’s Consumer Packaged Goods and Retail Practices.

A dynamic segment that is ripe for disruption, the beauty industry will have reshaped itself around an expanding array of products, channels, and markets before this decade is over. Consumers, particularly younger generations, will spur this shift, as their own definitions of beauty morph while their perceptions of everything—from the meaning of sustainability and the role of influencers and key opinion leaders to the importance of self-care—evolve. Overall, beauty is expected to be characterized by “premiumization,” with the premium beauty tier projected to grow at an annual rate of 8 percent (compared with 5 percent in mass beauty) between 2022 and 2027, as consumers trade up and increase their spending, especially in fragrance and makeup.

At the same time, we expect the landscape to become even more competitive, as a range of independent brands that successfully came to market over the past decade seek to scale and as new challengers emerge. Intensifying competition will prompt incumbent brands and retailers to change as well. In line with the trend-driven dynamics in the market, 42 percent of respondents to McKinsey’s 2023 survey of consumers across China, France, Germany, Italy, the United Kingdom, and the United States say they enjoy trying new brands. Meanwhile, consumers are increasingly shopping across price points and report that both online and offline stores influence their shopping behavior. Their preference for omnichannel shopping is expected to continue to fuel legacy brands’ shift online and independent labels’ move into a brick-and-mortar presence.

E-commerce in beauty nearly quadrupled between 2015 and 2022, and its share now exceeds 20 percent, with significant runway ahead. This compares with a 2022 e-commerce share of approximately 30 percent in apparel and footwear, and around 65 percent in toys and games.

A number of factors have fueled e-commerce growth in beauty: the expansion of beauty offerings from online giants like Amazon in the United States and Tmall in China; the increased digital sophistication from direct-to-consumer players; the steadily growing significance of online for omnichannel retailers; and the proliferation of social selling, including livestreaming, in Asia. E-commerce is expected to continue to be the fastest-growing sales channel, at 12 percent per year between 2022 and 2027, but growth in traditional channels—including specialty retail, grocery retail, and drugstores—is expected to pick up postpandemic, as consumers’ preference for omnichannel is partly driven by their continued desire for in-store discovery and trial of products (Exhibit 2). Department stores are expected to continue to lose market share globally.

Structural and competitive dynamics are shifting

Where to play will become just as important a question as how to win, given the changing underlying growth tailwinds. The changing dynamics will render the industry’s largely homogenous global playbooks of the past decades less effective and require brands to reassess their global strategies and introduce greater nuance and tailoring.

Geographic diversification will become more essential than ever. It was just recently, for example, that brands could focus their footprints on the industry’s two top countries: China and the United States. Both countries will remain mighty forces for the industry, with the beauty market expected to reach $96 billion in China and $114 billion in North America by 2027 (Exhibit 3).

But in both markets, growth will be harder to come by for individual brands, not least due to fierce local and foreign competition. Meanwhile, other countries and regions, including the Middle East and India, are ready to step into the limelight, offering distinct potential for specific categories and price tiers. The likely upshot is that many brands will align their geographic strategies to this new world order, which will require a variety of localized playbooks.

Across geographies, another growth opportunity will be products and services in the top tier of the pricing pyramid: the true luxury and ultraluxury beauty market has the potential to double, from around $20 billion today to around $40 billion by 2027.

Five disruptive themes

The next few years will be a dynamic time for the beauty industry, filled with opportunities and new challenges. Its high profitability, with EBITDA margins of up to 30 percent, will continue to attract new founders and investors to the space. With limited spots available on the beauty palette, successful brands will adapt to the changing rules of the game and secure a uniquely differentiated value proposition amid a saturated market and increasingly sophisticated consumers. Key dynamics will include the following:

The years ahead will offer all the right ingredients—from agile channel mixes to consumers eager to explore new products—for the beauty industry’s continued growth. For beauty leaders and challengers alike, there will be plenty of opportunities to flourish, if they develop and execute tailored strategies that reflect the changing world of beauty.

Download the full report on which this article is based, The State of Fashion: Beauty (PDF–10MB).

Achim Berg is a senior partner in McKinsey’s Frankfurt office, Sara Hudson is a partner in the London office, Kristi Klitsch Weaver is a senior partner in the Chicago office, Megan Lesko Pacchia is a partner in the New Jersey office, and Imran Amed is the founder, editor in chief, and CEO of the Business of Fashion and an alumnus of McKinsey’s London office.

The authors wish to thank Anita Balchandani, Dimpy Jindal, Natalia Lepasch, Amaury Saint Olive, Alexis Wolfer, Alex Workman, and Andreas Zampouridis for their contributions to this article.

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