by sslifer | Jul 10, 2020 | Inflation, NumberNomics Notes
July 10, 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...
by sslifer | Jul 1, 2020 | Inflation, NumberNomics Notes
July 1, 2020 .Gasoline prices at the retail level rose $0.04 in the week ending June 29 to $2.17 per gallon. After hitting bottom at $1.77 in the week of April 27, this is the ninth consecutive weekly increase in gas prices. In South Carolina gasoline prices tend to...
by sslifer | Jun 26, 2020 | Inflation, NumberNomics Notes
June 26,, 2020 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. The...
by sslifer | Jun 25, 2020 | GDP, Inflation, NumberNomics Notes
June 25, 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 report. ...
by sslifer | Jun 10, 2020 | Inflation, NumberNomics Notes
June 10, 2020 The CPI fell 0.1% in May after having declined 0..8% in April and 0.4% in March. The CPI excluding the volatile food and energy prices also fell 0.1% in May after having declined 0.4% in April which was the biggest decline in the history of the series...
by sslifer | Apr 29, 2020 | Inflation, NumberNomics Notes
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...
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