Gasoline Prices

May 20, 2020 Gasoline prices at the retail level rose $0.03 in the week ending May 18 to $1.88 per gallon.  After hitting bottom at $1.77 in the week of April 27, this is the third consecutive weekly increase in gas prices.  In South Carolina gasoline prices tend to...

Producer Price Index

May 13, 2020 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...

Consumer Price Index

May 12, 2020 The CPI fell 0.8% in April after having declined 0.4% in March.  A 20.6% drop in gasoline prices was the largest contributor to the drop, but apparel, motor vehicle insurance, airfares, and hotels all fell sharply as well..  The CPI excluding the volatile...

Gross Domestic Purchases Deflator

April 29, 2020 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...

Employment Cost Index

April 29, 2020 The employment cost index for civilian workers climbed at a 3.2% rate in the first quarter.   Over the course of the past year it has risen 2.8%.  But this is a first quarter number and the world has changed in the past six weeks.  More than 23 million...