Following a long battle with inflation, shoppers are discovering deals once more. As The Wall Street Journal notes in a report Sunday (Dec.10), the easing of supply constraints and an uptick in hiring in the manufacturing space has improved production and lowered prices. The report uses...
July’s consumer-price index (CPI) showed inflation rising, overall, at a relatively steady pace. But in the devil’s in the details, as they say, and the cost of keeping food on the table has been rising, after a bit of a lull. Overall, the data released...
For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly wages increased 1.2% in June compared to a year earlier, per U.S. Labor Department data. The increase was the second consecutive month...
As restaurant prices rapidly rise, consumers are noting restaurants reducing costs by compromising on service — decisions that could come at the expense of diner loyalty. For instance, The New York Times recently noted that consumers are growing impatient with higher prices for a lower...
January 12, 2024
The Producer Price Index (PPI) declined for a third consecutive month in December. Final demand prices fell 0.1% in December after dropping 0.1% in November and 0.4% in October, in seasonally adjusted figures, the Bureau of Labor Statistics (BLS) said in a Friday (Jan. 12) press release. “The December decrease in the index for final demand is attributable […]
December 10, 2023
Following a long battle with inflation, shoppers are discovering deals once more. As The Wall Street Journal notes in a report Sunday (Dec.10), the easing of supply constraints and an...
July 17, 2023
For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly wages increased 1.2% in June...
June 10, 2020
With the COVID-19 pandemic underway, consumer prices fell last month, led by drops in prices for motor vehicle insurance, energy and apparel. These price drops, reported by the U.S. Bureau...
