Survey of Consumer Expectations - FEDERAL RESERVE BANK of NEW YORK
Economic Indicators
Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982
Inflation accelerated at its fastest pace since 1982 in November, the Labor Department said Friday.
Surging inflation is forcing people and businesses to adapt | AP News
WASHINGTON (AP) — A warehouse worker in Tennessee is running up against price increases that far exceed her modest pay raise. The owner of a pastry business in Massachusetts has had to reduce his product offerings and personally absorb higher costs.
A quick timeline of inflation since WWII
In the 1970s, two shocks to energy markets led to the longest stretch of inflation in US history
Why is inflation...bad?
Actually, moderate inflation is a signal of a healthy economy
This chart says that investors are expecting elevated inflation to stick around
The Consumer Price Index update released last week acted like a catapult for the 5-year breakeven rate, propelling it to the highest peak since at least 2003.
Oreos, Sour Patch Kids and other snacks will soon get more expensive
Companies from Mondelēz to McDonald's are raising prices to offset higher costs for transportation and because of labor and other problems along the supply chain.
Question of the Day: Inflation recently hit a 31 year high. How much have prices risen in the past year, as measured by the Consumer Price Index? - Blog
Answer: 6.2% This chart shows that many grocery prices have risen even more: Questions: Have you noticed inflation (the increases in prices) in items that you or your family purchase in your own lives? How much do you think that prices have to go up before it impacts consumer behavior and their purchase decisions? What do you think are the causes behind this spike in inflation? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from CNBC): Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday. The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. ------------------------ Wondering who won NGPF's Estimate the Monthly Jobs Report contest?
The Metaverse and (near-)infinite economic growth
In a world of bits, who needs to bash metal?
U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years
The consumer price index surged 6.2% from a year ago in October, the most since December 1990.
Are you afraid of inflation? : The Indicator from Planet Money
Boo! The Indicator team invites you to listen to a spooky episode about an invisible monster that has given our economy a fright. Listen at your own risk...
Inflation notches a fresh 30-year high as measured by the Fed's favorite gauge
Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income.
How to ask for a raise in an inflationary economy
You’ll need to prove that your work and responsibilities warrant more pay, too.
Jobs Report and the Monthly Employment Growth Statistics
The economy gained 194,000 jobs in September 2021. The growth doesn't make up for the jobs lost throughout 2020.
Why the Jobs Report Matters to Investors
There are numerous job reports including weekly jobless claims, Job Openings and Labor Turnover Survey (JOLTS), and the ADP Employment report, but the Employ...
Why the U.S. Monthly Jobs Report Matters
Every month, the U.S. Bureau of Labor Statistics releases a report that looks at the unemployment rate, among other job-related data in the country. But who counts as "unemployed" can be tricky.
U.S. posts weakest growth of pandemic recovery on supply issues, COVID surge | Crain's Detroit Business
U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment.Gross domestic product expanded at a 2 percent annualized rate following a 6.7 percent…
Masco: Paint prices to rise due to soaring costs of materials and shipping | Crain's Detroit Business
Consumer prices rise more than expected as energy costs surge
Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department said.
Social Security's cost of living adjustment will see its biggest jump in decades
The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
Americans quit their jobs at a record pace in August
WASHINGTON (AP) — One reason America's employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
Labor Force Exits and COVID-19 | St. Louis Fed
Millions of workers are still unemployed or have dropped out of the labor force. What is the likelihood that these people will return to work in the coming year?
Wall Street vs Main Street: The Stock Market is Not the Economy
To give context to the Wall Street vs Main Street debate, we compare S&P 500 returns and U.S. GDP growth since 1980.
These toiletry items may soon be more expensive
Procter & Gamble, one of the country's largest consumer goods manufacturers, said Tuesday that it's raising prices on certain grooming, beauty and oral care products for retail customers to combat higher costs.
Twitter and Square CEO Jack Dorsey says 'hyperinflation' will happen soon in the U.S. and the world
Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.
These toiletry items may soon be more expensive
Procter & Gamble, one of the country's largest consumer goods manufacturers, said Tuesday that it's raising prices on certain grooming, beauty and oral care products for retail customers to combat higher costs.
Job Openings and Labor Turnover Summary
Social Security checks getting big boost as inflation rises
WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022 .
Beef prices continue to increase, overall consumer prices increase lower than expected
The cost of food and eating out along with overall consumer prices rose in August and be up year over year but the increase was smaller than expected.
Automobiles restrain U.S. consumer spending, monthly inflation slowing
U.S. consumer spending slowed in July as a decline in motor vehicle purchases due to shortages offset a rise in outlays on services, supporting views that economic growth will moderate in the third quarter amid a resurgence in COVID-19 infections.