bureau of labor statistics

Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
April 23, 2023  |  Economy

New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics...

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US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
March 10, 2023  |  Economy

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for...

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Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
February 14, 2023  |  Economy

A majority of consumers think inflation this year will trump 2022’s soaring pace. The latest data from the Labor Department may not dispel that notion....

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PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
January 25, 2023  |  Economy

The worst is over for inflation, and the impact of rising prices will recede. Not by a long shot. The long-term perspective tells us otherwise....

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Consumers’ Inflation Perception and Government Data Are Miles Apart
Consumers’ Inflation Perception and Government Data Are Miles Apart
January 18, 2023  |  Economy

When it comes to inflation, consumers may be a more accurate barometer than government statistics. In a series of studies, PYMNTS has consistently found disagreement...

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CPI Shows Main Street Small Business Price Hikes Successful, for Now
CPI Shows Main Street Small Business Price Hikes Successful, for Now
January 12, 2023  |  Economy

Inflation data — though a cooling down is evident — shows Main Street small businesses’ price hikes are sticking. At least for now. But the...

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December Inflation Falls for 6th Month to 6.5% on Food and Energy Declines
December Inflation Falls for 6th Month to 6.5% on Food and Energy Declines
January 12, 2023  |  Economy

Falling food and fuel prices pulled the annual inflation rate to a 14-month low of 6.5%. This, as the December Consumer Price Index report from the Bureau...

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US Job Gains Slow to 223K in December Hitting 2-Year Low
US Job Gains Slow to 223K in December Hitting 2-Year Low
January 06, 2023  |  Economy

The U.S. economy added 223,000 non-farm jobs in December. This was ahead of consensus estimates but lower than the average monthly gain of 375,000 recorded...

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Consumers Say Inflation Twice as Bad as Government Reports
Consumers Say Inflation Twice as Bad as Government Reports
December 09, 2022  |  Economy

Perception is hitting harder than reality for consumers, as inflation levels balloon to historic highs. One thing is clear, we’re in it for the long...

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