by sslifer | Sep 18, 2019 | Inflation, NumberNomics Notes
September 18, 2019 Gasoline prices at the retail level were unchanged in the week ending September 16 at $2,55 per gallon. In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.30. The Department of Energy expects national...
by sslifer | Sep 12, 2019 | Inflation, NumberNomics Notes
September 12, 2019 The CPI rose 0.1% in August after having risen 0.3% in July.. During the past year the CPI has risen 1.8%. Food prices were unchanged in August and rose 0.1% in both June and July. Food prices have risen 1.7% in the past twelve months. These...
by sslifer | Sep 11, 2019 | Inflation, NumberNomics Notes
September 11, 2019 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 | Aug 29, 2019 | GDP, Inflation, NumberNomics Notes
August 29, 2019 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, 2019 | Inflation, NumberNomics Notes
July 31, 2019 The employment cost index for civilian workers climbed at a 2.3% rate in the second quarter after risen 3.0% in the first quarter Over the course of the past year it has risen 2.8%. Thus, the labor market continues to gradually get tighter, and to...
by sslifer | Jun 28, 2019 | Inflation, NumberNomics Notes
une 28, 2019 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...
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