Producer Price Index

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...

Gasoline Prices

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...

Gross Domestic Purchases Deflator

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.  ...

Consumer Price Index

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...

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...