by sslifer | Aug 13, 2019 | Inflation, NumberNomics Notes
August 13, 2019 The CPI rose 0.3% in July after having risen 0.1% in both May and June.. During the past year the CPI has risen 1.8%. Food prices rose 0.1% in both June and July. Food prices have risen 1.8% in the past twelve months. These prices tend to be lumpy...
by sslifer | Aug 9, 2019 | Inflation, NumberNomics Notes
August 9, 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 for...
by sslifer | Aug 7, 2019 | Inflation, NumberNomics Notes
August 7, 2019 Gasoline prices at the retail level fell $0.03 in the week ending August 5 to $2.69 per gallon. In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.44. The Department of Energy expects national gasoline prices...
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 | Jul 26, 2019 | GDP, Inflation, NumberNomics Notes
July 26, 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 report. ...
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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