by - July 11, 2024 6:13 pm
The closely watched report on U.S. inflation indicated consumer prices cooling in June, a welcome sign for economists and consumers. The Consumer Price Index (CPI) declined 0.1% from the prior…
by - June 12, 2024 4:40 pm
Inflation pulled back in May as prices of food and goods receded but housing and insurance costs remain elevated, according to Wednesday’s (June 12) report from the U.S. Bureau of…
by - April 10, 2024 5:41 pm
Prices of goods and services were higher than expected in March with the Consumer Price Index (CPI) rising 0.4% for the month and 3.5% higher year over year, according to…
by - February 13, 2024 6:25 pm
Consumer spending remained steady in January with retail sales up 2.34% from a year ago, according to data from the National Retail Federation (NRF), CNBC, and Affinity Solutions. Sales that…
by - September 27, 2023 9:45 am
A new report from 201 Analytics and Circana found that 94% of consumers are worried about the cost of food. But behaviors around eating are starting to shift with consumers…
by - September 13, 2023 6:07 pm
The Consumer Price Index (CPI) – the gauge for inflation – was up 3.7% from a year ago, according to the U.S. Bureau of Labor Statistics. The energy index rose…
by - August 10, 2023 3:22 pm
U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation…
by - July 13, 2023 12:13 pm
Prices of goods sold online in June fell an average 2.6% from a year ago, marking the 10th consecutive month of declines from 2022, according to recent data from the…
by - June 13, 2023 1:03 pm
Overall prices of goods and services rose 4% in May compared to a year ago, increasing 0.1% from the prior month which was the smallest year-over-year increase since March 2021,…
by - April 12, 2023 12:33 pm
The pace of inflation hit its lowest level since late 2021, but overall inflation remains high as core inflation – excluding food and fuel – ticked up 0.1% in March…
by - January 12, 2023 4:39 pm
Consumers are still paying an average of 11.8% more for the food bought at U.S. grocery stores compared to the same time last year, according to the December Consumer Price…
by - October 13, 2022 5:27 pm
The Consumer Price Index for all consumers rose 0.4% in September from August and all prices were up 8.2% year-over-year, according to U.S. Bureau for Labor Statistics released Thursday (Oct….
by - September 13, 2022 4:14 pm
Despite falling gasoline prices in August consumers still faced a 13.5% increase in food and grocery prices from a year ago. This marked the 15th straight month of increases, according…
by - July 12, 2022 4:02 pm
Consumers are seeing record grocery prices with the latest inflationary report indicating prices are up 15.1% from a year ago and up 7.4% since the start of 2022, according to…
by - May 27, 2022 3:58 pm
University of Arkansas economist Mervin Jebaraj expects U.S. GDP to rise for the remainder of the year following a 1.5% decline in the first quarter amid high inflation pressure that…
by - May 11, 2022 4:54 pm
Inflation in April was up 0.3% from March and 8.3% higher than a year ago, according to the Consumer Price Index (CPI) reported by the U.S. Department of Labor on…
by - April 12, 2022 2:51 pm
The Consumer Price Index rose 8.5% in March, the largest annual increase since December 1981. The all-items less food and energy index rose 6.5%, the largest annual increase since August…
by - May 30, 2021 10:11 am
In recent months, consumers have been feeling the effects of rising prices, an inflationary movement concerning business leaders and politicians. Economist Mervin Jebaraj with the University of Arkansas Walton College…
