Economy - Finance > Index

Early Look at 2023 Cost-Of-Living Adjustments and Maximum Contribution Base

1 month ago   |   By Calculated Risk

The BLS reported this morning:
The Consumer Price Index for Urban Wage Earners and Clerical Workers increased 9.1 percent over the last 12 months to an index level of 292.219. For the month, the index declined 0.1 percent prior to seasonal adjustment. CPI-W is the index that is used to calculate the Cost-Of-Living Adjustments. The calculation dates have changed over time , but the current calculation uses the average CPI-W for the three months in Q3 and compares to the average for the highest previous average of Q3 months. Note: this is not the headline CPI-U and is not seasonally adjusted...
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Cleveland Fed: Median CPI increased 0.5% and Trimmed-mean CPI increased 0.4% in July

Cleveland Fed: Median CPI increased 0.5% and Trimmed-mean CPI increased 0.4% in July

1 month ago   |   By Calculated Risk

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:
According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.5% in July. The 16% trimmed-mean Consumer Price Index increased 0.4% in July. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics' monthly CPI report".
Note: The Cleveland Fed released the median CPI details here : "Motor Fuel" decreased at a 61% annualized rate in July!
Note that Owners'...
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0% inflation is nice, but this number from today's CPI report is even more encouraging

0% inflation is nice, but this number from today's CPI report is even more encouraging

1 month ago   |   By Fast Company

Core inflation, which excludes volatile items like energy and food, posted its lowest increase in almost a year.
Wednesday finally brought Americans some good news on the inflation front. The Labor Department reported that consumer prices rose 0% for the month of July, perhaps the best indicator yet that inflation may have peaked.
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BLS: CPI Unchanged in July; Core CPI increased 0.3%

1 month ago   |   By Calculated Risk

From the BLS :
The Consumer Price Index for All Urban Consumers was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.
The gasoline index fell 7.7 percent in July and offset increases in the food and shelter indexes, resulting in the all items index being unchanged over the month. The energy index fell 4.6 percent over the month as the indexes for gasoline and natural gas declined, but the index for electricity...
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Update: Framing Lumber Prices Close to Pre-Pandemic Levels

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Black Knight Mortgage Monitor: "Home Prices Down Again in August. Now 2% Off...

Black Knight Mortgage Monitor: "Home Prices Down Again in August. Now 2% Off June Peak"

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Vehicles Sales Increased to 13.49 million SAAR in September

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Tuesday: Job Openings, CoreLogic House Prices

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From Matthew Graham at Mortgage News Daily: Mortgage Rates Continue Recovering Mortgage rates remain elevated in the context of the past decade and 2022 in general, but they... Read more ...

Q3 2022 Update: Unofficial Problem Bank list Decreased to 51 Institutions...

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Drowning in trash: Google opens applications for circular-economy accelerator

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