by sslifer | Apr 10, 2026 | Inflation, NumberNomics Notes
April 10, 2026 The CPI jumped 0.9% in March as oil prices surged after having risen 0.3% in February.. The year-over-year increase is 3.3%. We expect the overall CPI to increase 3.8% in 2026 as higher oil prices work their way through the economy. Food prices were...
by sslifer | Apr 9, 2026 | GDP, NumberNomics Notes
April 9, 2026 The final estimate of fourth quarter GDP rose 0.5% which compares to the preliminary estimate of 1.4% and the revised estimate of 0.7%. GDP rose 4.4%in the third quarter. Much of the shortfall in fourth quarter growth was attributable to the...
by sslifer | Apr 9, 2026 | GDP, NumberNomics Notes
April 9, 2026 When the economy is slowing down, firms will accumulate unwanted inventories. Those inventories still show up in GDP, but they are unsold. Hence, GDP will be biased upwards. Similarly, in good times businesses will reduce inventory levels to satisfy...
by sslifer | Apr 9, 2026 | GDP, NumberNomics Notes
April 9, 2026 It is important to remember that final sales is a measure of how many domestically produced goods are sold each quarter. But we also sell goods overseas — our exports. And we purchase goods from other countries — our imports. In the...
by sslifer | Apr 9, 2026 | GDP, Inflation, NumberNomics Notes
April 9, 2026 There are many different deflators that are available. This one is for gross domestic purchases which measures prices paid by U.S. residents. It is the one measure of inflation that the Commerce Department talks about when it releases the GDP report. ...
by sslifer | Apr 9, 2026 | Consumer
April 9, 2026 Personal income rose 0.4% in February after gaining 0.3% in January. In the past year personal income has climbed 3.8%. Slower jobs growth has caused a much slower rate of growth in income since the beginning of last year. The growth in income is...
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