BLS: Q1 2024 Employment Cost Index
The BLS released the Q1 Employment Cost Index today and it shows employment cost up 1.2 percent over the expected 1 percent indicating more persistent inflation. From the BLS: EMPLOYMENT…
Labor Shortages: Farm To Table
Two articles discussing how labor shortages are impacting farming and the eventual effect on restaurants. From Texas Standard: Diane Charlton, an associate professor at Montana State University who studies where…
March 2024 – Top US Trading Partner Inflation
It’s time to check in on global inflation and things continue to crawl along at nearly 3 percent inflation but with oil remaining stubbornly high near or above $80/barrel it…
BEA: PCE March 2024
The BEA released the March 2024 PCE report today and it shows core inflation higher than last year. From the BEA: Personal income increased $122.0 billion (0.5 percent at a…
March 2024 – Social Security Enrollments
The social security office released the March 2024 snapshot and it’s a huge jump in enrollments. For March 2024, there were 148,000 new social security enrollees over the age of…
BLS: PPI March 2024
The BLS released the March PPI report and that too show inflation moving in the wrong direction. PRODUCER PRICE INDEXES - MARCH 2024The Producer Price Index for final demand rose…
BLS: CPI March 2024
The BLS released the CPI report for March and it shows inflation continues to run hot. From the BLS: CONSUMER PRICE INDEX - MARCH 2024The Consumer Price Index for All…
Labor Shortages: The Canary In The Airline
You may have heard of the “canary in the coalmine” which was a method used by miners deep inside a mine, carrying a canary, to determine if there was toxic…