February 13, 2022
On Thursday, the Bureau of Labor Statistics (BLS) released the January Consumer Price Index Summary. The reported inflation numbers were within market expectations. Overall inflation showed that year-over-year prices have increased at 7.5 percent. As has been widely reported, this is the highest inflation has been since 1982. In our last post on inflation, we highlighted […]
January 16, 2022
Why have prices been rising lately? Last week the Bureau of Labor Statistics reported that consumer prices have increased by 7 percent over the last year. The last time inflation was this high was 39 years ago. What are the causes for the increase in consumer prices? There are several factors that might be behind […]
March 31, 2021
Earlier this morning, the Bureau of Labor Statistics released the employment situation for February 2021. As predicted, the unemployment rate fell to 6.2 percent; however, the increase in nonfarm payroll employment surprised most experts coming in higher than anticipated as nonfarm payroll employment increased by 397,000 workers. Some commentators have discounted these numbers because most […]
