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Consumers Spend More on Less
Posted Jun 22, 2022 by Martin Armstrong
Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April, [...]
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Stop Blaming Putin for Inflation
Posted Apr 13, 2022 by Martin Armstrong
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 [...]
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Inflation Soared to 6.8% in November
Posted Dec 13, 2021 by Martin Armstrong
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 [...]
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