Economic News

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Yep inflation is back, big time. But this time, it brings a Stag along with it. Thanks idiot voters.
Compared to 2022, the inflation rate is only a third of that spiked rate, but it does look like we are seeing wholesale impact of the tariffs settling and being factored into pricing (the portion attributable to tariffs is not true inflation from an economic perspective — increases attributable to tariffs are an artificial increase from tax/government policy, not truly inflationary supply/demand pressure, though beef certainly has separate supply/demand inflation issues).
 
Compared to 2022, the inflation rate is only a third of that spiked rate, but it does look like we are seeing wholesale impact of the tariffs settling and being factored into pricing (the portion attributable to tariffs is not true inflation from an economic perspective — increases attributable to tariffs are an artificial increase from tax/government policy, not truly inflationary supply/demand pressure, though beef certainly has separate supply/demand inflation issues).
The impact of the tariffs is just starting to build. We should probably expect more increases.

So many own goals and self-inflicted wounds with this administration, and we have 3 1/2 more years of this.
 
I'm not an economist, but isn't the PPI considered a predictor of the inflation to come as opposed to CPI which is considered a lagging indicator of inflation ?

I will be interested to see where things are in October as we head into the holiday season.
 
The impact of the tariffs is just starting to build. We should probably expect more increases.

So many own goals and self-inflicted wounds with this administration, and we have 3 1/2 more years of this.
Maybe the real life cartoon mob boss this country elected president can extort those companies to “eat the costs”.

what percentage of Republicans were ever driven by free market economics? 5%? Hell, 1%? When in doubt, assume any economic or mundane policy stance by a Republican is really just a Trojan horse for a culture war issue and power grab.
 
I'm not an economist, but isn't the PPI considered a predictor of the inflation to come as opposed to CPI which is considered a lagging indicator of inflation ?

I will be interested to see where things are in October as we head into the holiday season.
Yeah, PPI (sometimes aka wholesale CPI) is broader than CPI and measures price increases at the production level. It also includes more stuff than products headed for retail (like services), while CPI measures changes in what consumers were paying for retail items last measurement period in sampled areas (urban).
 
Tech firms have been leading the cuts for 4 years straight. I swear if I can just get these next 11 years done, I almost want to wish part of my life away to get out and get to retirement
 
Tech firms have been leading the cuts for 4 years straight. I swear if I can just get these next 11 years done, I almost want to wish part of my life away to get out and get to retirement
I have had several friend with 40ish type Kids that jumped right into IT jobs out of college All of them work for large contractors that do work for the Dept of Defense..I think about their future careers when I see posts like this...Don't get me wrong I think about aGDevil2k also.......
 
Yeah, PPI (sometimes aka wholesale CPI) is broader than CPI and measures price increases at the production level. It also includes more stuff than products headed for retail (like services), while CPI measures changes in what consumers were paying for retail items last measurement period in sampled areas (urban).
I just heard one of the hosts on CNBC say that 80% of this increase was attributable to services (haven’t verified). That wouldn’t seem to be driven by tariffs.
 
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