We calculate theCurrent Inflation rate(see table below) to two decimal places while the Bureau of Labor Statistics only calculatesinflationto one decimal place. Therefore, while being based on the same government Consumer Price index (CPI-U) our data provides a "finer" view. March and April 20...
Inflation is defined as the broad rise of prices for goods and services. The Consumer Price Index is the chief benchmark economists use to measure inflation. The U.S. Bureau of Labor Statistics calculates the CPI each month by collecting information on the price of over 90,000 goods and ser...
CPI for All Urban Consumers (CPI-U): This is the most commonly used CPI and acts as the overall inflation indicator experienced by the average urban consumer. It includes a wide range of goods and services that an average household typically purchases, such as food, clothing, housing, transpo...
The BLS publishes two main types of CPIs each month. TheConsumer Price Index for All Urban Consumers (CPI-U), which covers about 93 percent of the U.S. population, excluding those living in remote rural areas, farm households, institutions, or on military bases. The CPI-U is the most ...
Goldman Sachs discusses U.S. consumption in Thanksgiving season 12 -- 2:28 App Here's how the CPI inflation report gets compiled each month 10 -- 5:47 App Exxon Mobil CEO Darren Woods_ OPEC is leveraging its pricing power 25 -- 5:49 App The Fed's latest rate hike will be a dis...
The PCE measures changes in consumer spending on typical goods and services. It’s used by economists to track inflation (or deflation) in the U.S. economy.
The Consumer Price Index (CPI) is an economic metric that measures the average change over time in the prices of a predetermined set of products and services, including food, medicines, housing, and transportation, that people consume.
They may sound similar, but in reality, the CPI-W is measuring a price change for "blue-collar" workers that live in an urban area. The CPI-U measures a price change for all urban consumers. Cost-of-Living Index A Cost-of-Living Index is meant to compare expenses from one city or ...
The CPI is used as a measure of inflation for policymakers, financial markets, businesses, and consumers. What Is the Consumer Price Index (CPI)? The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates ...
The U.S. unemployment rate is released on the first Friday of every month for the preceding month. The current and past editions of the report are available from theBureau of Labor Statistics (BLS). The unemployment rate is the percentage of the labor force without a job. It is a lagging...