by sslifer | Dec 3, 2020 | Inflation, NumberNomics Notes
December 3, 2020 Gasoline prices at the retail level rose $0.02 in the week ending November 30 to 2.12 per gallon. In South Carolina gasoline prices tend to about $0.25 below the national average or about $1.87. The EIA expect gasoline prices to average $2.15 per...
by sslifer | Nov 25, 2020 | GDP, Inflation, NumberNomics Notes
November 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...
by sslifer | Nov 25, 2020 | Inflation, NumberNomics Notes
November 25, 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....
by sslifer | Nov 13, 2020 | Inflation, NumberNomics Notes
November 13, 2020 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...
by sslifer | Nov 12, 2020 | Inflation, NumberNomics Notes
November 12, 2020 The CPI rose 0.2% in October after rising 0.2% in September, 0.4% in August, and 0.6% in both June and July. The CPI excluding the volatile food and energy prices was unchanged in October after rising 0.2% in September, 0.4% in August, 0.6% in July...
by sslifer | Oct 30, 2020 | Inflation, NumberNomics Notes
October 30, 2020 The employment cost index for civilian workers climbed at a 2.0% rate in the third quarter after having risen at a 2.0% pace in the second quarter. Over the course of the past year it has risen 2.5%. With the unemployment rate having climbed to...
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