by sslifer | Dec 1, 2022 | Inflation, NumberNomics Notes
December 1, 2022 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....
by sslifer | Nov 30, 2022 | GDP, Inflation, NumberNomics Notes
November 30, 2022 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 | Nov 30, 2022 | Inflation, NumberNomics Notes
November 30, 2022 Gasoline prices declined $0.11 in the week ending November 28 to $3.53 after having fallen $0.11 in the previous week. Prices have now fallen $1.47since reaching a high of $5.00 in mid-June. In South Carolina gasoline prices tend to be about $0.25...
by sslifer | Nov 15, 2022 | Inflation, NumberNomics Notes
November 15, 2022 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 rose 0.2% in...
by sslifer | Nov 10, 2022 | Inflation, NumberNomics Notes
November 10, 2022 The CPI rose 0.4% in October after having risen 0.4% in September. It rose 1.3% in 2020, and 7.1% in 2021. The year-over-year increase now stands at 7.8, We expect the CPI to increase 7.4% in 2022. 4.8% in 2023, and 2.9% in 2024. The October gain...
by sslifer | Oct 28, 2022 | Inflation, NumberNomics Notes
October 28, 2022 The employment cost index for civilian workers climbed at a 5.0% rate in the third quarter after rising at a 5.3% pace in the second quarter. Over the course of the past year it has risen 5.%. As always, the increases diverge amongst industries. ...
Follow Me