Prices rose at the store but declined at the warehouse. Here are the five things we learned from U.S. economic data released during the week ending March 17. Consumer prices rose again in February. The Consumer Price Index (CPI) jumped a seasonally adjusted 0.4 percent following a 0.5 percent increase in January. The Bureau of Labor Statistics index... Continue Reading →
Not Quite Tamed: February 13 – 17
Inflation picked up in January. Here are the five things we learned from U.S. economic data released during the week ending February 17. Consumer prices jumped in January. The Consumer Price Index (CPI) increased a seasonally adjusted 0.5 percent, the biggest rise for the Bureau of Labor Statistics measure since last October. Energy CPI jumped 2.9 percent (gasoline:... Continue Reading →
Consumers Consumed Less in December: January 16 – 20
Americans shopped less and fewer purchased homes in December.