inflation

U.S. Consumer Spending Grew Slowly In September Amid High COVID-19 Cases, Supply Chain Problems and Rising Inflation

U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and…

4 years ago

Companies Warn Shoppers Of Fewer Discounts During Holidays

U.S. consumers should expect fewer discounts during the holiday season due to high transportation and material costs, supply chain disruptions,…

4 years ago

US Running Out of Warehouse Space, Intensifying Supply Chain Bottlenecks and Adding to Inflation

Available warehouse space near significant distribution hubs fell to historic lows in the third quarter of 2021, placing even more…

4 years ago

Gas Soars To $7.59 A Gallon In California Town As Prices Hit Multi-Year Highs Nationwide

The price of gasoline in a remote California town reached $7.59 per gallon this week as energy costs continue to…

4 years ago

Proctor And Gamble To Raise Prices Of Popular Goods Citing Higher-Than-Expected Inflation

Procter and Gamble said Tuesday they are raising prices on a variety of popular home goods due to a sharp…

4 years ago

Expect Inflation, Supply Shortages To Last Well Into 2022, Economists Say

High inflation will last well into 2022, economists say, indicating that supply chain bottlenecks will keep increasing prices and curbing…

4 years ago

Wholesale Inflation Increases To Record High As Supply Chain Disruptions Continue

The Producer Price Index, which measures inflation at the wholesale level, rose 8.6% in the 12 months before September, marking…

4 years ago

Biden Begs Oil Industry To Lower Prices As Energy Crisis Looms: REPORT

President Joe Biden recently petitioned oil industry leaders to help lower skyrocketing energy prices as cold weather approaches, Reuters reported.…

4 years ago

September CPI Points to a Potential Wage-Price Spiral

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for the month of September. Even though it…

4 years ago

Inflation Rises Again As COVID Recovery Slows And Supply Chains Remain In Chaos

The Consumer Price Index increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%, the U.S. Bureau…

4 years ago

Carter 2.0: Jobs Data Shows Biden’s Economic Blunders Are Leading to Stagflation

In the 1970’s, the US economy experienced an occurrence never seen previously.  There was inflation that eventually peaked at 13% while the…

4 years ago

Food Prices Increasing As Companies Face Supply And Labor Shortages

Food prices have surged as companies battle increasing costs, labor shortages and supply chain problems, The Wall Street Journal reported.…

4 years ago

White House Downplays Rising Energy Prices, Says ‘Climate Crisis’ Is More Important

The White House downplayed surging energy prices in the U.S. and worldwide on Wednesday, arguing that the climate crisis was…

4 years ago

Heating Bills to Skyrocket this Winter

By the time winter refill orders hit the peak, prices could be triple what they were under the last administration

4 years ago

Inflation Hits Another Multi-Decade High After Fed Boosts Projection

A key economic index used by the Federal Reserve to measure inflation surged to another 30-year high in August as…

4 years ago