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Consumer prices rose 0.4 percent in August, the U.S. Labor Department announced Tuesday, as a 9.1 percent surge in gasoline prices skewed the index higher. The report provided a few morsels for ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The Blue Chip Economic Indicators survey provides forecasts for this year and next from each panel member, plus and average, or consensus, of their forecasts for each of these variables associated with the economy of the United States: [1] Real GDP; GDP price index; Nominal GDP; Consumer price index; Industrial production; Real disposable ...
Consumer prices rose 0.2 percent in the month, the U.S. Labor Department announced Thursday, as energy prices and medical costs offset. Once again in September, a few morsels for the inflation ...
Consumer prices rose 0.4% in November, the U.S. Labor Department announced Wednesday, pushed higher by energy prices, which rose for the sixth time in seven months. The core rate -- which excludes ...
The Consumer Price Index was initiated during World War I, when rapid increases in prices, particularly in shipbuilding centers, made an index essential for calculating cost-of-living adjustments in wages. To provide appropriate weighting patterns for the index, it reflected the relative importance of goods and services purchased in 92 ...
Record another, positive data point for the U.S. economy, as consumer confidence unexpectedly rose to 49.5 in November from a revised 48.7 in October, The Conference Board announced Tuesday.
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...