Posted on

U.S. payrolls increased a better than expected 216,000 in December, on increase in Government Jobs

people

the staff of the Ridgewood blog

Ridgewood NJ, total nonfarm payroll employment increased by 216,000 in December, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in government, health care, social assistance, and construction, while transportation and warehousing lost jobs.

Continue reading U.S. payrolls increased a better than expected 216,000 in December, on increase in Government Jobs

Posted on

US Producer Price Index Declines 0.5% in October, biggest drop since 2020

0 1

the staff of the Ridgewood bog

Washington DC, the Producer Price Index for final demand fell 0.5 percent in October, seasonally adjusted, after advancing 0.4 percent in September, the U.S. Bureau of Labor Statistics reported today. The October decline is the largest decrease in final demand prices since a 1.2-percent drop in April 2020. On an unadjusted basis, the index for final demand rose 1.3 percent for the 12 months ended in October.

Continue reading US Producer Price Index Declines 0.5% in October, biggest drop since 2020

Posted on

Consumer Prices Unchanged in October with Core Inflation Rising at Slowest Pace Since September 2021

With increase in food prices food stamp benefits have also been increased 4218644380

the staff of the Ridgewood blog

Washington DC, (8:34am)the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis, after increasing 0.4 percent in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.2 percent before seasonal adjustment.

Continue reading Consumer Prices Unchanged in October with Core Inflation Rising at Slowest Pace Since September 2021

Posted on

Inflation Shows Signs of Reacceleration

external content.duckduckgo 14

the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6 percent in August on a seasonally adjusted basis, after increasing 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.7 percent before seasonal adjustment.

Continue reading Inflation Shows Signs of Reacceleration

Posted on

Consumer Price Index Rose 0.2 Percent in July, Still Above Fed Target

90 558067531

the staff of the Ridgewood blog

Ridgewood NJ, , the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in July on a seasonally adjusted basis, the same increase as in June, the U.S. Bureau of Labor Statistics reported today.
Over the last 12 months, the all items index increased 3.2 percent before seasonal adjustment.

Continue reading Consumer Price Index Rose 0.2 Percent in July, Still Above Fed Target

Posted on

Economic Data Continues to Suggest the “Goldilocks scenario”

Goudlokje a9153904 9ac2 42f9 b4e1 aaa527296b8b 3339030681

the staff of the Ridgewood blog

Ridgewood NJ, on Friday U.S. Bureau of Labor Statistics reported that the US economy added 187,000 jobs in July, below economist estimates of 200,000 and slightly above the downwardly revised 185,000 jobs in June. The unemployment rate dropped to 3.5%, from 3.6% in June and 3.7% in May. Average hourly earnings grew 0.4% month-over-month and 4.4% year-over-year, matching June. The number continue to suggests the “Goldilocks scenario” of a not-too-cold, not-too-hot sweet spot of sustainable growth
Continue reading Economic Data Continues to Suggest the “Goldilocks scenario”

Posted on

Consumer prices Continue to Cool , slowest annual rate since March 2021

jerome powell favorable place economy 2464898199 scaled

the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in June on a seasonally adjusted basis, after increasing 0.1 percent in May, the U.S. Bureau of Labor Statistics reported
today. Over the last 12 months, the all items index increased 3.0 percent before seasonal
adjustment.

Continue reading Consumer prices Continue to Cool , slowest annual rate since March 2021

Posted on

Inflation Rose at a 4% annual rate, the Lowest in 2 years

jerome powell favorable place economy 2464898199 scaled

the staff of the Ridgewood blog

Washington DC,(837am) the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today.

Continue reading Inflation Rose at a 4% annual rate, the Lowest in 2 years

Posted on

Producer Price Index Suggests Further Deceleration in Inflation

90 558067531

the staff of the Ridgewood blog

Washington DC, the Producer Price Index for final demand advanced 0.2 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices fell 0.4 percent in March and were unchanged in February.

Continue reading Producer Price Index Suggests Further Deceleration in Inflation

Posted on

CPI Raises 4.9% Smallest 12-month Increase since April 2021

0 3

the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in April on a seasonally adjusted basis, after increasing 0.1 percent in March, the U.S. Bureau of Labor Statistics reported today.

Continue reading CPI Raises 4.9% Smallest 12-month Increase since April 2021

Posted on

Producer Price Index Gives More Evidence of Cooling Inflation

open fridge full of groceries 123527027 5be0fe20c9e77c0051eee0c0 scaled

the staff of the Ridgewood blog

Washington DC,(8:34 AM) the Producer Price Index for final demand declined 0.5 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in February and increased 0.4 percent in January. (See table A.) On an unadjusted basis, the index for final demand advanced 2.7 percent for the 12 months ended in March.

Continue reading Producer Price Index Gives More Evidence of Cooling Inflation

Posted on

Inflation Still Hot but Continues to Decelerate

0 1

the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in March on a seasonally adjusted basis, after increasing 0.4 percent in February, the U.S. Bureau of Labor Statistics reported today.

Continue reading Inflation Still Hot but Continues to Decelerate

Posted on

Consumer Price Index Up 6% Year over Year

0 3

the staff of the Ridgewood blog

Ridgewood NJ, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, after increasing 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.0 percent before seasonal adjustment.

Continue reading Consumer Price Index Up 6% Year over Year

Posted on

The Producer Price Index Comes in Hotter Than Expected

With increase in food prices food stamp benefits have also been increased 4218644380

PPI advances 0.7% in January; goods rise 1.2%, services increase 0.4% Inflation Still High ,but the Trend is Down

the staff of the Ridgewood blog

Washington DC, the Producer Price Index for final demand increased 0.7 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in December 2022 and advanced 0.3 percent in November.

Continue reading The Producer Price Index Comes in Hotter Than Expected

Posted on

Inflation Rose 0.5% in January Continues at an Annualized Rate of 6.4%

Grocery-Store

the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in January on a seasonally adjusted basis, after increasing 0.1 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.4 percent before seasonal adjustment.

Continue reading Inflation Rose 0.5% in January Continues at an Annualized Rate of 6.4%