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...
by Rosemary Misdary | Apr 9, 2019 | Consumer Price Index, Economy, Oil and Gas
March consumer prices will be released on Wednesday. Economists predict consumer prices will rise 0.3 percent, and core prices, less food and energy, will increase by 0.2 percent. In previous months, consumer prices have been muffled with no evidence of inflationary...
by Rosemary Misdary | Apr 6, 2019 | Consumer Price Index, Economy
The rise in Consumer Prices met expectations for February, a sign that the economy is not overheating, and interest rate hikes are unlikely in the near future. After three months of no change, the 0.2 percent rise in prices was considered moderate, and in keeping with...
by Rosemary Misdary | Mar 6, 2019 | Consumer Price Index
Consumer prices remained unchanged for the third consecutive month allaying concerns that prices would go up, signaling inflation and triggering the Federal Reserve to hike interest rates. Consumer prices did not meet the consensus of a 0.1 percentage point increase....
by Sharif Paget | May 23, 2018 | Consumer Price Index, Economy, Featured, Jobs, Newest, Oil and Gas
Back in 2014, the oil industry was booming and companies could have their pick of workers. Now it’s booming again, but workers are much harder to come by. The oil industry is struggling to find enough workers in the tight labor market. Companies that could once grow...
