inflation
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Money & The Economy
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…
Read More » 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,…
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In The News
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…
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In The News
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…
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In The News
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…
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In The News
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…
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In The News
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…
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White House Watch
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.…
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Opinion
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…
Read More » 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…
Read More »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…
Read More »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.…
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White House Watch
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…
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Money & The Economy
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
Read More » 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…
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