BLS: PPI July 2024
The BLS released the PPI report for July and, in our view, it’s not good. From the BLS: The Producer Price Index for final demand increased 0.1 percent in July,…
Inflation Will Spike Again
While the world is cheering lower inflation and some central banks around the world have been cutting rates with the United States potentially poised to cut rates in September, we…
BLS: PPI June 2024
The BLS released the PPI report this morning and it’s not good. PRODUCER PRICE INDEXES - JUNE 2024The Producer Price Index for final demand advanced 0.2 percent in June, seasonally…
BLS: CPI June 2024
The BLS released the CPI report for June this morning. From the BLS: CONSUMER PRICE INDEX - JUNE 2024The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent…
BEA: CPE May 2024
The BEA released the Fed’s preferred inflation measure today CPE and it shows no improvement month over month. From the BEA: Personal income income increased $114.1 billion (0.5 percent at…
BLS: CPI May 2024
The BLS released the CPI report for May 2024 and it’s barely budged. From the BLS: CONSUMER PRICE INDEX - MAY 2024The Consumer Price Index for All Urban Consumers (CPI-U)…
April 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 and central bank around the world don’t appear to be in…
BEA: PCE April 2024
The BEA released the Personal Income & Outlays for April 2024 and it shows PCE, the Fed’s preferred inflation measure, as still elevated. From the BEA: The PCE price index…
Labor Shortages In Mexico Impacting Japan
We’re moving into a whole new paradigm in the labor market. For years now we’ve been reporting on US labor shortages caused by too many baby boomers retiring and not…
BLS: CPI April 2024
The BLS released the Consumer Price Index this morning and while it is better than expected it’s not particularly good news. Below is a quick summary but you can read…