Gross Domestic Purchases Deflator

February 25, 2021 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...

Gasoline Prices

February 24, 2021 Gasoline prices at the retail level rose $0.13 in the week ending February 22 to $2.63 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.38.  The EIA expect gasoline prices to average $2.40 per...

Producer Price Index

February 17, 2021 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 jumped 1.3% in...

Consumer Price Index

February 10, 2021 The CPI rose 0.3% in January after increasing 0.2% in both November and December.  It rose1.3% in 2020, and the year-over-year increase currently is 1.4%. Food prices rose 0.1% in January after having risen 0.3% in December.     In the past year food...

Employment Cost Index

January 29, 2021 The employment cost index for civilian workers climbed at a 2.8% rate in the fourth quarter after rising at a 2.0% rate in the third quarter.   Over the course of the past year it has risen 2.5%. With the unemployment rate having climbed to 14.7% in...