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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 ...
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 ...
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 ...
Despite a rising stock market, consumers continue to display a cautious stance toward the U.S. economy. Consumer confidence unexpectedly dipped in September to 53.1 from 54.5 in August, the ...
More good news amid a week of positives for U.S. investors: inflation remains tame. Consumer prices were unchanged in July, the U.S. Labor Department announced Friday, as a lack of demand led to ...
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 ...
Consumer prices increased a minuscule 0.1 percent in May, the U.S. Labor Department announced Wednesday, as falling food Consumer prices register largest annual drop since 1950 Skip to main content