The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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the staff of the Ridgewood blog
WASHINGTON, D.C. — Consumer prices rose 2.7% year-over-year in July, coming in slightly below economists’ expectations and signaling modest inflation pressures despite ongoing tariff concerns. The Consumer Price Index (CPI), released Tuesday by the Bureau of Labor Statistics (BLS), also showed a 0.2% monthly increase, matching forecasts.
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the staff of the Ridgewood blog
WASHINGTON, D.C. — So much for the “tariffs equal runaway inflation” narrative. The latest data from the Bureau of Labor Statistics (BLS) shows that wholesale prices were completely flat in June, suggesting that fears of tariffs causing a major price surge may be more hype than reality.
Continue reading Tariffs Aren’t Fueling Inflation: June Producer Price Index Shows Zero Growth
the staff of the Ridgewood blog
WASHINGTON, D.C. — The U.S. job market showed unexpected strength in June 2025, with nonfarm payrolls rising by 147,000 and the unemployment rate dropping to 4.1%, according to the Bureau of Labor Statistics (BLS). The report defied analyst predictions, reinforcing the resilience of the American labor force despite ongoing economic headwinds.
Continue reading June Job Growth Surges Past Expectations, Unemployment Drops to 4.1%
the staff of the Ridgewood blog
Washington DC, the U.S. Bureau of Labor Statistics (BLS) has released its latest monthly jobs report, showing a modest increase of 139,000 nonfarm payroll jobs in May, while the national unemployment rate remained unchanged at 4.2%.
the staff of the Ridgewood blog
WASHINGTON DC, inflation came in slightly lower than expected in April 2025, offering cautious optimism for consumers and policymakers alike. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% on a seasonally adjusted basis in April, following a 0.1% decrease in March.
Continue reading April Inflation Cools Slightly: CPI Rises 0.2% as Food Prices Dip
