by sslifer | Nov 14, 2019 | Inflation, NumberNomics Notes
November 14, 2019 The Producer Price Index for final demand – intermediate 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...
by sslifer | Nov 13, 2019 | Inflation, NumberNomics Notes
November 13, 2019 The CPI jumped 0.4% in October after having been unchanged in September. During the past year the CPI has risen 1.8%. Food prices fell 0.2% in October after having risen 0.5% in September. Food prices have risen 2.0% in the past twelve months. ...
by sslifer | Nov 6, 2019 | Inflation, NumberNomics Notes
November 6, 2019 Gasoline prices at the retail level rose $0.01 in the week ending November 4 to $2.61 per gallon. In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.36. The Department of Energy expects national gasoline...
by sslifer | Oct 31, 2019 | Inflation, NumberNomics Notes
October 31, 2019 The employment cost index for civilian workers climbed at a 2.8% rate in the third quarter after risen 2.3% in the second quarter Over the course of the past year it has risen 2.8%. Thus, the labor market continues to gradually get tighter, and to...
by sslifer | Oct 30, 2019 | GDP, Inflation, NumberNomics Notes
October 30, 2019 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 | Sep 27, 2019 | Inflation, NumberNomics Notes
September 27, 2019 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....
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