Tag: consumer prices
Fewer Americans applied for unemployment benefits last week
WASHINGTON (AP) – Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels.
Applications for unemployment...
Fewer Americans applied for jobless benefits last week
WASHINGTON (AP) – Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already near five-decade lows.
Applications for...
U.S. economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) – The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a...
U.S. inflation hit 8.3% last month but slows from 40-year high
WASHINGTON (AP) – Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still...
Key inflation gauge jumped 6.6% in March, most since 1982
WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve jumped 6.6% in March compared with a year ago, the highest 12-month...
Modest-income buyers being priced out of new-vehicle market
DETROIT (AP) – Two years after the pandemic tore through the economy, America's auto market looks something like this: Prices are drastically up. Supply...
Key inflation gauge sets 40-year high as gas and food soar
WASHINGTON (AP) – An inflation gauge closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher...
Medical industry suppliers warn of ‘med-inflation’
PROVIDENCE – Supply chain woes have hit consumers and businesses, now it’s about to provide some discomfort in the medical industry.
“Med-inflation” is currently on...
Retail sales surge 3.8% in Jan. as threat of omicron eases
NEW YORK (AP) – Americans picked up the spending pace in January as the threat of omicron faded and there was some easing of supply...
Consumer prices in U.S. fall 0.3%, first decline in a year
WASHINGTON - The cost of living in the U.S. declined in March for the first time since February 2016, showing inflation is moving up only...
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