Economic Indicators

The most common error in economics journalism.

“A Phillips curve for Google searches on "inflation" and "unemployment" over the past two years looks about how you'd expect. We've been on vertical part since October 2021.”

WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.

You're not going crazy: That bag of Doritos did have more chips in it, and those paper towels did last longer. They've both been shrunken.

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia's invasion of Ukraine.

Workers have seen their hourly pay jump at about the fastest clip in 15 years. But high annual inflation has eaten into those raises.

Researchers are expanding our understanding of the “huge variation” with which inflation strikes households and groups

WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to address what has become the biggest threat to the U.S.

The inflation rate in the U.S. hit a 40-year high. We look back at historical inflation, and where experts think it may be headed next.

WASHINGTON (AP) — Inflation soared over the past year at its highest rate in four decades, hammering American consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy.

Nonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.

Seventy-nine percent of U.S. adults expect inflation to go up over the next six months, including 50% who say it will go up a lot.

Gross domestic product accelerated at a 6.9% annualized pace in the fourth quarter, well ahead of the 5.5% estimate.

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WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture, appliances and other goods.

The U.S. economy grew last year at the fastest pace since Reagan's presidency, bouncing back with resilience from 2020's brief coronavirus recession.

CNN Business tracks key economic indicators to provide a comprehensive, up-to-date picture of the US Economy. Data on this dashboard is refreshed automatically.

It's going to cost you more to wash your clothes.

There's no denying it: Inflation is here. Consumer prices surged 7% over the past year. Housing prices have continued to soar, too. But the question on the minds of many economists and Wall Street strategists is whether something even worse could be in the cards: prices rising as the economy slows.

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Higher inflation is on people’s minds, so we tackle a handful of questions posed online and during a recent inflation event.

Inflation Charting: Center for Inflation Research

Consumer prices jumped 7% in December compared with 12 months earlier — the hottest year-over-year inflation since June 1982. What is causing prices to increase and when can Americans expect a reprieve?

The U.S. inflation rate has seen its fastest annual increase in over 30 years. Which consumer spending categories have been hit the hardest?

Where does the world's economic activity take place? This cartogram shows the $94 trillion global economy divided into 1,000 hexagons.

Although workers across the country have seen an increase in wages, the prices of things like gas and food have also risen, leaving workers wondering if their raises are real.

The holidays feel more expensive this year because they are.