Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The U.S. inflation rate over the last 12 months …
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U.S. Inflation Climbs at Highest Rate Since 1982
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers, which measures U.S. inflation, increased 0.6 percent in January. The all items index increased 7.5 percent before seasonal adjustment, the largest 12-month increase since …
Read More »Homebuilder Confidence Remains High
Despite concerns over inflation, supply-chain disruptions and an ongoing labor shortage, homebuilder confidence remains high, according to CNBC. Builders continue to benefit from a low supply of existing homes for sale and housing demand remains strong even during the slow …
Read More »Inflation, Price Gains and Retail Sales All Jump in October
The month of October saw a jump in three leading consumer metrics—inflation, price gains and overall retail sales. According to the U.S. Labor Department Consumer Price Index for All Urban Consumers, inflation increased 0.9 percent in October, following a modest …
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