by Sabir Hasko | Jun 24, 2024 | Economy
Voget Meats in Hubbard, Oregon, has managed to stay in business for decades selling both fresh meat and sausages, smoked and cured meats to a middle-class clientele. But the sharp increase in prices has meant his customers are trading down. “People are getting away...
by Sabir Hasko | Apr 9, 2024 | Economy
The US Bureau of Labor Statistics releases its March consumer price index report on Wednesday. Economists are expecting a 3% increase in the CPI report, a decrease from the 4% reported in February and on par with January’s numbers. Here are five things to watch for...
by Sabir Hasko | Mar 27, 2024 | Economy
Inflation has fallen dramatically, fuel prices are down and people are still buying, yet the domestic trucking industry has been suffering from low demand for the past 17 months straight. Some even call it a freight recession. The trucking industry was one of the big...
by Sabir Hasko | Mar 22, 2024 | Economy
Inflation increased again in February and was hotter than expected — but still not hot enough to change expectations that the Federal Reserve will cut interest rates later this year. The consumer price index, which measures the cost of services and goods, rose...
by Sabir Hasko | Feb 19, 2024 | Economy
Consumer prices rose more than expected in January and started the year with a disappointing inflation report, which might delay interest rate cuts by the Federal Reserve. The Consumer Price Index rose 3.1% compared to a year earlier, down from 3.4% in December,...