The Fed Rate Decision & Déjà vu all over again
The Fed decided to pause on rate changes yesterday and that got us thinking about our post entitled, “Comparing Inflation 1960 to 2023” and wondering if its Déjà vu all…
BLS: CPI November 2023
The BLS released the November CPI report today and while many are cheering the continued decline in inflation, there is still plenty to worry about. CONSUMER PRICE INDEX – NOVEMBER…
BLS: JOLTS, Productivity & Labor Participation
While we eagerly await the JOLTS report to see how the job opening are doing, we also keep a keen eye on the labor participation rate. On JOLTS: The number…
BEA – October 2023 CORE PCE
The BEA released their October core inflation report today and it has some really useful information. Let’s take a look at some of the charts. The Fed’s preferred measure of…
October 2023 – Top US Trading Partner Inflation
We did a review of inflation across the top US trading partners and things seem to be moderating across the world. Let’s take a look. The average inflation rate for…
Happy Thanksgiving!
For U.S. based readers, Happy Thanksgiving! We’ll be taking the next few days off.
Oct 2023 – Social Security Enrollments Up 132,000
The Social Security Administration publishes a monthly snapshot of social security recipients which you can find the October report here. According to the over 65 enrollment numbers, there was an…
Labor Shortages: Minnesota
The State of Minnesota continues to have labor shortages and retail continues to struggle so much that some retail stores are shortening their hours. From MPRNews: The labor challenges prompted…
BLS: PPI October 2023
The BLS released PPI report and while goods inflation is down, services (the labor part) is unchanged. From the BLS: PRODUCER PRICE INDEXES – OCTOBER 2023 The Producer Price Index…
BLS: CPI October 2023
The BLS released the October inflation report and there is an interesting observation we have made, we call it “people wage inflation.” From the BLS: CONSUMER PRICE INDEX – OCTOBER…