by sslifer | Sep 11, 2020 | Inflation, NumberNomics Notes
September ll, 2020 . The CPI rose 0.4% in August after climbing 0.6% in both June and July, but having declined 0.1% in May, 0..8% in April, and 0.4% in March. The CPI excluding the volatile food and energy prices rose 0.4% in August after gaining 0.6% in July and...
by sslifer | Sep 10, 2020 | Inflation, NumberNomics Notes
September 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...
by sslifer | Sep 9, 2020 | Inflation, NumberNomics Notes
September 9, 2020 Gasoline prices at the retail level fell $0.01 in the week ending September 7 to $2.21 per gallon. After hitting bottom at $1.77 in the week of April 27, gasoline prices have been rising steadily. In South Carolina gasoline prices tend to about...
by sslifer | Aug 28, 2020 | Inflation, NumberNomics Notes
August 28, 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 | Aug 27, 2020 | GDP, Inflation, NumberNomics Notes
August 27, 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...
by sslifer | Jul 31, 2020 | Inflation, NumberNomics Notes
July 31, 2020 The employment cost index for civilian workers climbed at a 2.0% rate in the second quarter after having risen at a 3.2% pace in the first quarter. Over the course of the past year it has risen 2.7%. With the unemployment rate having climbed to 14.7%...
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