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
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
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
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.
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
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%
raising hopes for FED engineered “soft landing”
the staff of the Ridgewood blog
Washington DC, (8:33 am) the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.5 percent before seasonal adjustment. The index for gasoline was by far the largest contributor to the monthly all items decrease, more than offsetting increases in shelter indexes.
Continue reading Consumer Price Index Falls 1% , Suggesting Further Deceleration in Inflation
the staff of the Ridgewood blog
Washington DC, (12/02/22 8:33am) total nonfarm payroll employment increased by 263,000 in November, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, and government. Employment declined in retail trade and in transportation and warehousing.
7.7% Inflation rate mean prices double every 9.3 years
the staff of the Ridgewood
Washington DC, The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment.
Continue reading Consumer Prices Rose 0.4% in October Inflation Eases Slightly to 7.7 percent
the staff of the Ridgewood blog
Washington DC, The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted basis after rising 0.1 percent in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.2 percent before seasonal adjustment. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase.
Continue reading The Consumer Price Index Points to an 8.2% Inflation Rate
the staff oof the Ridgewood blog
Washington DC, the Producer Price Index for final demand increased 0.4 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in August and 0.4 percent in July.
Continue reading Despite Reassurances from the “Experts” Inflation Races Ahead
the staff of the Ridgewood blog
Washington DC, (8:33am) total nonfarm payroll employment increased by 263,000 in September, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality and in health care.
Continue reading Unemployment rate edged down to 3.5 percent Job Growth Continues to Slow
the staff of the Ridgewood blog
Washington DC, the Producer Price Index for final demand fell 0.1 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices decreased 0.4 percent in July and advanced 1.0 percent in June.
Continue reading Producer Price Index for Final Demand fell 0.1 Percent in August
the staff of the Ridgewood blog
Washington DC, the Producer Price Index for final demand fell 0.5 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decline followed advances of 1.0 percent in June and 0.8 percent in May.
Continue reading Producer Price Index Suggests Inflation Moderating Yet Still Remains Very High
the staff of the Ridgewood blog
Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.
the staff of the Ridgewood blog
Washington DC, total nonfarm payroll employment rose by 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels.