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Largest Increase Ever Recorded: Producer Prices Jump 11.2% from a year ago in March

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the staff of the Ridgewood blog

The Producer Price Index for final demand increased 1.4 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in
February and 1.2 percent in January.  On an unadjusted basis, final demand prices moved up 11.2 percent for the 12 months ended in March, the largest increase since 12-month data
were first calculated in November 2010.

Continue reading Largest Increase Ever Recorded: Producer Prices Jump 11.2% from a year ago in March

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Not Much to Be Grateful for in Latest Presidential Poll Numbers

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the staff of the Ridgewood blog

Washington DC, President Biden celebrated Thanksgiving with his family in Nantucket , but if polls of his job performance and handling of issues like the economy and foreign policy are any guide, he didn’t have much to be grateful for.

Continue reading Not Much to Be Grateful for in Latest Presidential Poll Numbers