Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.2% in January and 2.1% year-over-year through January. Excluding volatile oil and food costs from the readings, “Core” PCE price index for January was unchanged and 1.4% YOY through January. The Fed looks closely at Core PCE excluding food and energy prices because
PCE Deflator
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.1% in December and 2.1% year-over-year through December. Excluding volatile oil and food costs from the readings, “Core” PCE price index for December was 0.1% and 1.5% YOY through December. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.2% in November and 1.5% year-over-year through November. Excluding volatile oil and food costs from the readings, “Core” PCE price index for November was 0% and 1.4% YOY through November. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.3% in October and 0.2% year-over-year through October. Excluding volatile oil and food costs from the readings, “Core” PCE price index for October was +0.2% and +1.4% YOY through October. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.1% in September and -0.6% year-over-year through September. Excluding volatile oil and food costs from the readings, “Core” PCE price index for September was unchanged at +0.1% and +1.3% YOY through September. The Fed looks closely at Core PCE excluding food and energy
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.3% in August and -0.5% year-over-year through August. Excluding volatile oil and food costs from the readings, “Core” PCE price index for August was +0.1% and +1.3% YOY through August. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were even in July and -0.8% year-over-year through July. Excluding volatile oil and food costs from the readings, “Core” PCE price index for July was +0.1% and +1.4% YOY through July. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.5% in June and -0.4% year-over-year through June. Excluding volatile oil and food costs from the readings, “Core” PCE price index for June was +0.2% and +1.5% YOY through June. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.1% in May and +0.1% year-over-year through May. Excluding volatile oil and food costs from the readings, “Core” PCE price index for May was +0.1% and +1.8% YOY through May. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.1% in April and +0.4% year-over-year through April. Excluding volatile oil and food costs from the readings, “Core” PCE price index for April was +0.3% and +1.9% YOY through April. The Fed looks closely at Core PCE excluding food and energy prices because
My kids asked me, “Which of your five senses tends to diminish as you get older?” I told them “My sense of decency.” Will Higher Rates Stall Economic Recovery? May was the third month in a row for stock market gains. Stocks have been appreciating as the credit freeze and bank liquidity crisis has eased,
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were even in March and +0.6% year-over-year through March. Excluding volatile oil and food costs from the readings, “Core” PCE price index for March was +0.2% and +1.8% YOY through March. The Fed looks closely at Core PCE excluding food and energy prices because
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.3% in February and +1.0% year-over-year through February. Excluding volatile oil and food costs from the readings, “Core” PCE price index for February was +0.2% and +1.8% YOY through February. The overall number showed a steep -2.2% fall in 4Q2008 (-0.6% Oct, -1.1%
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.2% in January and +0.7% year-over-year through January. Excluding volatile oil and food costs from the readings, “Core” PCE price index for January was +0.1% and +1.6% YOY through January. The overall number showed a steep -2.2% fall in 4Q2008 (-0.6% Oct, -1.1%
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were -0.5% in in December and +0.6% year-over-year through December. Excluding volatile oil and food costs from the readings, “Core” PCE price index for December was 0% (making it 0% for all of 4Q2008) and +1.7% YOY through December. The steep -2.2% fall in
My 16-yr old, who is preparing for the SAT tests, was (coincidentally?) reading an article the other day titled, “Six-Figure Jobs You Don’t Need A College Degree For.” After ending their title sentence in a preposition, the article goes on to talk about air traffic controllers, construction workers, plumbers, ultrasound technicians, “locomotive engineer”, and of
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