by sslifer | Feb 13, 2020 | Inflation, NumberNomics Notes
February 13, 2000 .The CPI rose 0.1% in January after having risen 0.2% in October, November, and December. During 2019 the CPI rose 2.3%. Food prices rose 0.2% in both December and January. Food prices have risen 1.7% in the past twelve months. These prices tend...
by sslifer | Feb 5, 2020 | Inflation, NumberNomics Notes
February 5, 2020 .Gasoline prices at the retail level rose $0.04 in the week ending February 3 to $2.46 per gallon. In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.21. The Department of Energy expects national gasoline...
by sslifer | Jan 31, 2020 | Inflation, NumberNomics Notes
January 31, 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 | Jan 30, 2020 | GDP, Inflation, NumberNomics Notes
January 30, 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 | Jan 15, 2020 | Inflation, NumberNomics Notes
January 15, 2020 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 | Oct 31, 2019 | Inflation, NumberNomics Notes
October 31, 2019 The employment cost index for civilian workers climbed at a 2.8% rate in the third quarter after risen 2.3% in the second quarter Over the course of the past year it has risen 2.8%. Thus, the labor market continues to gradually get tighter, and to...
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