Holiday costs from groceries to travel are up, and consumers have been willing to pay them.Roe D’Angelo and The Thanksgiving feast last year was one of the most expensive ever; […]
Bureau of Labor Statistics
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Back to news homeWhy Has the CPI Inflation Calculation Changed Over Time?
Consumer prices are increasing at the fastest clip in about 40 years, climbing 8.3 percent in April compared with a year earlier.As popular anger about the rising costs mounts, a […]
The U.S. economy added 431,000 jobs in March.
President Biden delivered remarks on the March jobs report on Friday.Credit…Sarahbeth Maney/The New York TimesA monthly jobs report showing strong gains in hiring gave Democrats an opportunity to promote the […]
Little of the Paycheck Protection Program’s $800 Billion Protected Paychecks
Most notably, they gutted the requirement that borrowers who wanted their loans forgiven maintain their prepandemic head counts. And they reduced the percentage of the loan that borrowers seeking forgiveness […]
July C.P.I. Report: Inflation Rose Quickly Again
Fed officials are willing to look past the elevated readings specifically because they are expected to be, as central bankers often say, “transitory.” They would worry more about a generalized, […]
June Jobs Report Shows an 850,000 Gain, Better Than Expected
Anxieties over a lag in hiring lifted on Friday as the government reported that employers added 850,000 workers in June, the largest monthly gain since August.Wages jumped for the third […]
Consumer Goods Are Going to Get More Expensive
Procter & Gamble is raising prices on items like Pampers and Tampax in September. Kimberly-Clark said in March that it will raise prices on Scott toilet paper, Huggies and Pull-Ups […]