Economic Indicators

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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
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?
derek68·ngpf.org·
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
Why the U.S. Monthly Jobs Report Matters
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.
derek68·money.howstuffworks.com·
Why the U.S. Monthly Jobs Report Matters
U.S. posts weakest growth of pandemic recovery on supply issues, COVID surge | Crain's Detroit Business
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…
derek68·crainsdetroit.com·
U.S. posts weakest growth of pandemic recovery on supply issues, COVID surge | Crain's Detroit Business
Americans quit their jobs at a record pace in August
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.
derek68·apnews.com·
Americans quit their jobs at a record pace in August
These toiletry items may soon be more expensive
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.
derek68·cnn.com·
These toiletry items may soon be more expensive
These toiletry items may soon be more expensive
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.
derek68·cnn.com·
These toiletry items may soon be more expensive
Automobiles restrain U.S. consumer spending, monthly inflation slowing
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.
derek68·reuters.com·
Automobiles restrain U.S. consumer spending, monthly inflation slowing
Salary Inflation Calculator
Salary Inflation Calculator
Is your salary keeping up with inflation? This is an online salary inflation calculator that gives you an answer. You can use our wage inflation calculator to determine if your wage is keeping pace with inflation. How does the salary inflation calculator work? Let’s see how this calculator works with an example. Let’s say the …
derek68·online.visual-paradigm.com·
Salary Inflation Calculator
How GDP Tells Us if We're in a Recession | WSJ
How GDP Tells Us if We're in a Recession | WSJ
The U.S. economy contracted 4.8% in the first quarter of 2020. With the coronavirus crisis continuing into the summer, economists are expecting an even steep...
derek68·youtube.com·
How GDP Tells Us if We're in a Recession | WSJ
U.S. Inflation Is Normalizing
U.S. Inflation Is Normalizing
The temporary acceleration in price increases is already fading. But keep an eye on a few consumer services dependent on low-wage workers.
derek68·theovershoot.co·
U.S. Inflation Is Normalizing
US consumer prices rose in July but at slower pace
US consumer prices rose in July but at slower pace
WASHINGTON (AP) — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.
derek68·apnews.com·
US consumer prices rose in July but at slower pace
Mapped: GDP per Capita Worldwide
Mapped: GDP per Capita Worldwide
GDP per capita is one of the best measures of a country's standard of living. This map showcases the GDP per capita in every country globally.
derek68·visualcapitalist.com·
Mapped: GDP per Capita Worldwide