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Ridgewood Hit With Catalytic Converter Theft

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the staff of the Ridgewood blog

Ridgewood NJ, there have been two reported thefts of catalytic converters  from cars parked in Ridgewood  during the past 2-3 days.  It was only a matter of time, the Ridgewood blog has been reporting  rampant catalytic  converter theft in Northern New Jersey and now its being reported in Ridgewood .

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The Producer Price Index Increased 6.9% in 2021

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the staff of the Ridgewood blog

Ridgewood NJ, The Producer Price Index for final demand increased 0.2 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 1.0 percent in November and 0.6 percent in October.

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Back to the 70’s: Inflation, Oil and Commodities Prices Surge

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the staff of the Ridgewood blog

Washington DC, the Bureau of Labor Statistics posted a CPI number of 5% over the last 12-months, the highest rate since 2008. Gas prices rose 56.2% in 12 months, the highest since Jimmy Carter’s last year in office.

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Commodity Prices Continue Surge

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the staff of the Ridgewood blog

Ridgewood NJ, the markets are giving many mixed signals on inflation (the 10 year Treasury is stable between 1.55% and 1.7% and the TIPS spread is signaling a 10-year inflation rate of about 2.4%.) .

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