NY Fed’s John Williams believes the CPI data was distorted downward. Williams stated that the economic data blackout caused by the government shutdown caused CPI...
Consumer prices are up 2.9% in August on an annual basis after rising 2.7% in July. CPI doubled from July’s reading at 0.4%, with inflation now sitting at 2.9%....
The consumer price index (CPI) remained relatively steady at 2.7% in July on an annual basis, according to the Bureau of Labor Statistics’ monthly report, beating...
Consumer sentiment is continuing its decline amongst Americans. The University of Michigan’s survey monthly survey revealed sentiment fell to a six-month low...
Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to...
Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...
The Consumer Price Index soared 8.5% in March year-on-year, according to the report released by the Labor Department on Tuesday. Prices have not been this inflated...
Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor...
