Economic News

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For the record, state level inflation is a concept of dubious validity. Inflation is usually thought of as a loss of purchasing power of the dollar. In this respect, it doesn't know state boundaries.

But even on a casual, "inflation = prices going up for whatever reason" definition, it is impossible to compute that on a state level. Inflation is computed by measuring the prices of a sample basket of goods, weighted by consumption level. The weighting is done on a national level. Thus, there is no way to compute the differences even if the concept was sound.
 


Wright: I think you will soon see a stop in the rise of electricity prices, we're going to achieve that, I think, hopefully in the first half of 2026. The stop of the rises.
 
nycfan said:


Wright: I think you will soon see a stop in the rise of electricity prices, we're going to achieve that, I think, hopefully in the first half of 2026. The stop of the rises.
Click to expand...

The “stop of the rises” might coincide with Spring?
 

More Americans are getting their power shut off, as unpaid bills pile up​

Average electricity costs have risen 11 percent since January, more than three times the rate of inflation. “For the first time, we’re behind on all of our utilities," one Ohioan said.

🎁 —> https://wapo.st/3Xb0mXI

“…
Although there is no national count of electricity shutoffs, data from select utilities in 11 states show that disconnections have risen in at least eight of them since last year, according to figures compiled by The Washington Post and the National Energy Assistance Directors Association (NEADA). In some areas, such as New York City, the surge has been dramatic — with residential shutoffs in August up fivefold from a year ago, utility filings show.

In Pennsylvania, where Pellew lives, power shutoffs have risen 21 percent this year, with more than 270,000 households losing electricity, according to state data through October. The average electricity bill in the state, meanwhile, has risen 13 percent from a year ago, as utilities upgrade electric grids to accommodate a burst of new data centers, according to an analysis of federal data by NEADA, which represents state directors of energy aid programs for low-income families….”
 
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