Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
And all this productivity is why wage growth keeps beating inflation, said Betsey Stevenson, a professor of economics at the University of Michigan. “Real wage growth has to come from productivity ...
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
Economists like me rely on data from federal data collection agencies like the Bureau of Labor Statistics (BLS) and the ...