Here’s just how much the cost of basic necessities has gone up in the past 5 years
Overall prices on consumer goods and services are up 23% in the last five years but many basic necessities have risen even ...
US producer inflation, labor market stable ahead of tariff turbulence
U.S. producer prices were unchanged in February for the first time in seven months, while fewer Americans filed claims for ...
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Surprising Trends in American Spending Habits You Need to Know
In 2023, the average annual expenditures for all consumer units in the United States increased by 5.9%, reaching $77,280, according to the U.S. Bureau of Labor Statistics (BLS). During the same ...
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US consumer spending posts first drop in almost two years
While the data from the Commerce Department on Friday also showed ... a 2.3% rate in the fourth quarter, driven by consumer ...
US consumer inflation slows in February; tariffs expected to boost prices
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
Bad News From This Week's Inflation Data: The Fed's Favorite Gauge Likely Ticked Up
On the surface, this week's inflation readings brought decent news. Gains in consumer prices cooled a bit through February, and the [prices that producers charged stayed flat]( ...
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US consumer spending posts first drop in almost two years
While the data from the Commerce Department on Friday ... driven by consumer spending. Still, spending remains underpinned by a resilient labor market, which is helping to keep household income ...