by sslifer | Apr 1, 2020 | Inflation, NumberNomics Notes
April 1, 2020 Gasoline prices at the retail level fell $0.11 in the week ending March 30 to $2.01 per gallon. In South Carolina gasoline prices tend to about $0.25 below the national average or about $1.76. In the short-term pump prices are going to fall farther. ...
by sslifer | Mar 27, 2020 | Inflation, NumberNomics Notes
March 27, 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 | Mar 26, 2020 | GDP, Inflation, NumberNomics Notes
March 26, 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 | Mar 12, 2020 | Inflation, NumberNomics Notes
March 12, 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 | Mar 11, 2020 | Inflation, NumberNomics Notes
March 11, 2000 .The CPI rose 0.1% in both January and February after having risen 0.2% in October, November, and December. During 2019 the CPI rose 2.3%. Food prices rose 0.4% in February after having risen 0.2% in both December and January. Food prices have risen...
by sslifer | Oct 31, 2019 | Inflation, NumberNomics Notes
October 31, 2019 The employment cost index for civilian workers climbed at a 2.8% rate in the third quarter after risen 2.3% in the second quarter Over the course of the past year it has risen 2.8%. Thus, the labor market continues to gradually get tighter, and to...
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