Top Trading Partner Inflation Check
The Federal Reserve’s favorite measure of inflation came up at a whopping 6.6 percent. From CNN: The Personal Consumption Expenditures price index increased by 6.6% for the year ended in…
Wage Inflation Continues: Verizon $20/hr
Wage inflation continues to climb and leading the pack are deep pocket companies. Verizon announced they will now start pay at $20/hour for certain positions. In recognition of the hard…
Inflation! Inflation! Inflation!
It’s the one, two, three knock down punch! Punch 1, the BLS reported this week that the Consumer Price Index (CPI) is a whopping 8.2 percent year over year. The…
American Migrations, Labor and Food Shortages
Apologies for not posting recently but rest assured we are knee deep in research on a variety of topics including the latest census data that shows migrations within the United…
Fuel Inflation and Airline Pilot Shortage
With Covid seemingly coming to and end, the demand for air travel had started coming back to life so much so that airlines are now passing on fuel charges and…
More Wage Inflation? Walmart to Add 50,000 Jobs
The Wall Street Journal is reporting that Walmart intends to add 50,000 new workers by April. Most firms are already struggling to find workers and wages in most places across…
JOLTS: 11.3 Million and CPI: 7.9 Percent!
Lots of intriguing data released this week. First the BLS released their latest JOLTS report and shows 11.3 million job openings. From BLS: The number of job openings was little…
Where Do 65+ Americans Get Their Income?
The Census.gov released an interesting report on the income sources of older 65+ households and the data isn’t too surprising. The vast majority of 65+ people rely heavily on social…
Producer Price Index 9.5 percent!
BLS released the PPI report and it shows producer price index at a whopping 9.5 percent! So much for inflation abating any time soon even with the Fed jawboning interest…
US Top Trading Partner Inflation 4.3 Percent, Trending Up
We wrote about US inflation topping out at a whopping 7.5 percent last week so we were curious about inflation with the U.S. top trading partners and the math came…