Tag: consumer prices
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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