BLS: Inflation at 7.7 Percent
The BLS released October inflation report and the market is cheering 7.7 percent inflation. We took the opportunity to sell into this rally so we’ll be updating our portfolio positions…
BLS: Productivity & Costs
The BLS released productivity and costs report and it show labor costs increased 3.5% year over year impacted by a 1.3 percent decrease in productivity. Unit labor costs in the…
BLS: September JOLTS Report
The BLS released their JOLTS report today and job opening INCREASED from the prior month. The Fed has been aggressively raising rates to cool the economy but there are now…
The Inflation Hurricane Continues
The BLS released their economic cost index summary yesterday and it shows that wage inflation is still climbing aggressively. In a world where most firms give 2% to 3% raises,…
BLS: August 2022 Inflation Check
The BLS released the PPI and CPI data this week and both were troubling. The Producer Price Index for final demand increased 0.4 percent in September, seasonally adjusted, the U.S.…
Covid Over But Healthcare Costs Just Getting Started
While the cost of energy, oil, gas and electricity make headlines everyday, very few people are talking about another big cost issue in the CPI: Healthcare. We took a look…
BLS: August 2022 JOLTS Report
The BLS released their August JOLTS Report and it shows job openings decreased to 10.1 million. The number of job openings decreased to 10.1 million on the last business day…
BLS: Inflation 8.3 Percent YoY
The BLS released August inflation report, let’s take a look: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in August on a seasonally adjusted basis after…
Inflation Check: CPI 8.5 Percent / PPI 9.8 Percent
Over the last couple of days the BLS released CPI report and PPI report and both continue to be high. The CPI came in at a whopping 8.5 percent. CONSUMER…
BLS: Q2 22 Productivity Down 4.8 Percent; Labor UP 10.8 Percent
The BLS released their preliminary Productivity & Cost report and it shows productivity down 4.8 percent and labor UP 10.8 percent for 2nd quarter 2022. Nonfarm business sector labor productivity…