by Minji Koo | May 24, 2020 | Economy, Featured, Jobs
When Erin Haley-Hitz’s boss called to tell her that she was laid off in mid-March, her first reaction was relief. As a dental hygienist, her job involved coming into close contact with dozens of people every week — social distancing wasn’t an option. But...
by Minji Koo | Apr 9, 2020 | Consumer Price Index, Economy
The Bureau of Labor Statistics will release its measure of the March average of prices of a basket of consumer goods, such as food, housing, and medical care on Friday. Economists predict that the consumer price will drop 0.3%, the first decline since -0.1% in March...
by Minji Koo | Apr 3, 2020 | Economy, Featured, Housing
When Angela VanHouten was visiting sellers to arrange for showing the properties to buyers through Facetime, the sellers had prepared hand sanitizers, turned on all lights themselves, disinfected door knobs and opened all their doors that did not need to touch...
by Minji Koo | Mar 14, 2020 | Consumer Price Index, Economy
Inflation crept up in February but could begin falling with the continued drop of oil prices following the COVID-19 outbreak. The Bureau of Labor Statistics reported on Wednesday that the Consumer Price Index, which measures how much consumers pay for food, housing,...
by Minji Koo | Feb 19, 2020 | Consumer Price Index, Economy, Featured
Underlying consumer prices rose in January due to the rise in prices of rent and medical care. The consumer prices index, which measures how much consumers are paying for goods from food, apparel, to other items, went up 0.1% in January, the Bureau of Labor...
