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…
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…
February 2024 – Top US Trading Partner Inflation
It’s time to check in on global inflation and we have some disappointing news, the trend seems to be going back up. The average inflation across the countries we monitor…
BLS: PPI February 2024
The BLS released the PPI report this morning and it’s not good news inflation wise. PRODUCER PRICE INDEXES – FEBRUARY 2024 The Producer Price Index for final demand rose 0.6…