by sslifer | Mar 13, 2025 | Inflation, NumberNomics Notes
March 13, 2025 The Producer Price Index for final demand includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand was unchanged in...
by sslifer | Mar 12, 2025 | Inflation, NumberNomics Notes
March 12, 2025 The CPI rose 0.2% in February after jumping 0.5% in January and 0.4% in December. The year-over-year increase is 2.8%. We now expect the overall CPI to increase 3.2% in 2025. Food prices rose 0.2% in February after climbing 0.4% in January and 0.3% in...
by sslifer | Feb 28, 2025 | Inflation, NumberNomics Notes
February 28, 2025 There are many different measures of inflation, but the one that the Federal Reserve considers to be most important is the personal consumption expenditures deflator, in particular the PCE deflator excluding the volatile food and energy components....
by sslifer | Feb 27, 2025 | GDP, Inflation, NumberNomics Notes
February 27, 2025 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...
by sslifer | Jan 31, 2025 | Inflation, NumberNomics Notes
January 31, 2025 The employment cost index for civilian workers climbed at a 3.6% annual rate in the fourth quarter after climbing at a 3.1% annual rate in the third quarter. Over the course of the past year it has risen 3.8%. The employment cost index peaked at...
by sslifer | Jun 13, 2023 | Inflation, NumberNomics Notes
June 13, 2023 Gasoline prices fell $0.03 in the week ending June 5 to $3.54 after having risen $0.04 in the previous week. In South Carolina gasoline prices tend to be about $0.25 below the national average or $3.29. The EIA currently expects gasoline prices...
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