The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood Blog
Ridgewood NJ, consumer prices rose slightly during President Trump’s first full month in office, according to the latest Consumer Price Index (CPI) report from the Labor Department.
Continue reading UPDATE: Inflation Trends: Why Real-Time Data May Tell a Different Story
Prospect of FED rate cuts Dims
the staff of the Ridgewood blog
Ridgewood NJ, the Producer Price Index (PPI) for final demand increased 0.4% in January 2025, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). This follows a 0.5% rise in December 2024 and a 0.2% increase in November, highlighting continued inflationary pressures across various sectors.
Continue reading U.S. Producer Prices Rise 0.4% in January, Indicating Inflationary Pressures
the staff of the Ridgewood blog
Ridgewood NJ, the U.S. economy exceeded expectations by exhibiting robust growth in the third quarter, driven by a resilient consumer sector despite higher interest rates, ongoing inflationary pressures, and various domestic and global challenges. According to the Commerce Department’s report, the Gross Domestic Product (GDP), which measures all goods and services produced in the U.S., expanded at an annualized rate of 4.9% from July through September, a significant acceleration from the unrevised 2.1% pace in the second quarter.
Continue reading US Gross Domestic Product Grows at a Robust 4.9% Rate in the Third Quarter
the staff of the Ridgewood blog
Ridgewood NJ, every poll is now asking lots of questions about inflation. The results for the Biden White House are devastating.
Continue reading 77 Percent of Americans say Inflation is Affecting their Lives
