Inflation accelerated more than expected in December, marking the thirty-third consecutive month with annual prices rising significantly faster than the two percent target seen as healthy by the Federal Reserve. The consumer-price index, the Labor Departmentās broad measurement of what consumers pay for goods and services, rose 3.4 in December from a year earlier. Economists
PCE Inflation Cools To Slowest Pace in Two Years
October 3, 2023 by
Inflation continued to cool in June but remains above the Federal Reserveās target. The personal consumption expenditures price index was up 0.2 percent compared with a month ago, a slight pickup in prices compared with the 0.1 percent increase in May. Compared with year ago, the PCE price index is up three percent. The Fed
Golfers get chippy over foursomeās slow pace of play, throwing wild kicks and punches on Florida course
May 1, 2023 by
AĀ round of golfĀ turned into a brawl when two foursomes began fighting. The melee happened at Cleveland Heights Golf Course inĀ Lakeland, Fla., near a tee box, according to video posted to Instagram.Ā Members of one group started barking at another because of their pace of play. However, the foursome getting the mouthful said there wasnāt much […]
More Winning: U.S. Productivity Best Pace in Three Years After Metal Tariffs Kick-In
September 7, 2018 by
U.S. Productivity Jumped to Best Pace in Three Years After Trumpās Metals Tariffs Kicked-In U.S. worker productivity increased at the best quarterly pace in more than three years in the quarter after the Trump administrationās tariffs on steel and aluminum kicked-in, date from the Labor Department showed Thursday The productivity of nonfarm workers rose at […]
TRUMP EFFECT: RECORD HOLIDAY SALES NEAR $600 BILLION; Expert: Spending Pace Not Seen Since Great Recession.
December 27, 2017 by
Retailers are reporting record holiday sales this season of $598 billion as of Christmas Eve, fueled by confidence in the pro-business, pro-jobs economic polices of President Donald Trump of cutting Obama-era regulations and enacting major tax cuts and reforms. Yet media reports by CBS, AP and the Wall Street Journal all failed to mention President […]
BOOM! American Manufacturing Expanded in August at Fastest Pace in Six Years
September 2, 2017 by
American factories accelerated in August atĀ the fastest pace of expansion since 2011, data from the Institute for Supply Management showed Friday. The ISM purchasing manufacturers surveyed showed all six of the biggest manufacturing industries ramped up activity in August. The monthly purchasing managers index rose 2.5 points to 58.8, reflecting employment rising to its highest […]