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The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
Entering the week, data from the CME Group showed investors pricing in a ~93% chance the Fed raises rates this month and a roughly 40% chance at least two more 0.25% rate hikes are announced by ...
Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
Lynn Cook of the Houston Business Journal described this as "an astonishing number for the size of Andersen Consulting's lease." [2] In 1999, realty firm Cushman & Wakefield moved its Houston office into the America Tower from the Wells Fargo Tower of Four Oaks Place in Uptown Houston. As of 1999 the building was 99% leased. [13]
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