Producer Price Index

February 16, 2024 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 0.3% in...

Consumer Price Index

February 13, 2924 The CPI rose 0.3% in January after climbing 0.2% in December. The year-over-year increase is currently 3.1%.  We expect the CPI to increase 3.1% in 2024.  While the markets are convinced that inflation will continue to improve rapidly, that is...

Employment Cost Index

January 31, 2024 The employment cost index for civilian workers climbed at a 3.5% rate in the fourth quarter after rising 4.3% rate in the second quarter   Over the course of the past year it has risen 4.2%. With the unemployment rate currently at 3.7% and full...

Gross Domestic Purchases Deflator

January 25, 2024 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

June 13, 2023 Gasoline prices fell $0.03 in the week ending June 5 to $3.54 after having risen $0.04 in the previous week.   In South Carolina gasoline prices tend to be about $0.25 below the national average or $3.29.  The EIA currently expects gasoline prices...