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October 10, 2008 6:42:08 PM CDT

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Stories related to: Consumer Price Index

Stories

12 Stories

  • October 2008

    • Consumers Squeezed, Spending Stalls

      Washington Post  |  Oct 3, 08 10:45 AM CDT

      Consumers Squeezed, Spending Stalls

      (Newser) - The current economic crisis is shaping up to be different than others Americans have weathered in the past 20 years in an important respect, the Washington Post reports: consumer spending, which the nation could always count on to propel the economy through, has stalled. Real spending, the catalyst behind 70% of GDP, has been flat or down since June, and economists predict the third quarter will show the first decline in spending since 1990-1991. More »

      Tags

      credit crisis  • unemployment  • consumer spending  • consumer confidence  • GDP  • wages  • Consumer Price Index

  • August 2008

    • Inflation Hurts US Workers; Europeans Keep Pace

      Wall Street Journal  |  Aug 22, 08 10:20 AM CDT

      Inflation Hurts US Workers; Europeans Keep Pace

      (Newser) - Workers in the US are falling behind inflation while their counterparts in the 15-nation Eurozone are keeping pace, in part because of more powerful unions, the Wall Street Journal reports. But rising wages may damage the European economies, as they deter companies from hiring and in turn boost inflation. When wages are indexed to prices, an inflationary spiral is particularly hard to break,  the paper observes. More »

      Tags

      inflation  • labor unions  • consumer prices  • wages  • Consumer Price Index  • wage increase

  • June 2008

    • Stocks Rally on Dollar's Strength

      MarketWatch  |  Jun 13, 08 3:14 PM CDT

      Stocks Rally on Dollar's Strength

      (Newser) - The markets rallied today, pushing the Dow into positive territory for the week, off a strong dollar and a drop in oil prices. The Dow gained 165.77 to close at 12,307.35, a weekly gain of 0.8%. The Nasdaq climbed 50.15 to 2,454.50 but posted a weekly loss of 0.8%. The S&P 500 gained 20.16, settling at 1,360.03, flat for the week. More »

      Tags

      Dow Jones  • S&P 500  • Nasdaq  • oil price  • US dollar  • core inflation  • Consumer Price Index

  • May 2008

    • Dow Hikes Prices 20% on Chemicals in Many Products

      Wall Street Journal  |  May 29, 08 2:20 PM CDT

      Dow Hikes Prices 20% on Chemicals in Many Products

      (Newser) - Skyrocketing energy costs prompted Dow Chemical to bump prices up to 20% yesterday on compounds that are the building blocks for thousands of consumer products, fanning inflation fears. Dow, one of the world’s largest chemical companies, ripped Washington for an energy policy it says has raised its energy costs 42% from a year ago, reports the Wall Street Journal. More »

      Tags

      core inflation  • energy prices  • Consumer Price Index  • Dow Chemical Co.  • DuPont

  • April 2008

    • Consumer Prices Rise in March; Oil Blasts Past $114

      Associated Press  |  Apr 16, 08 10:22 AM CDT

      Consumer Prices Rise in March; Oil Blasts Past $114

      (Newser) - Consumer prices rose an anticipated 0.3% in March, propelled by hikes in the costs of energy, food, and airline tickets; a commodities rush and weak dollar also pushed crude oil to a record high today. Energy costs rose 1.9% in March, the AP reports, and the past year has seen huge increases in the prices of bread (14.7%) and milk (13.3%) More »

      Tags

      US dollar  • crude oil  • euro  • milk  • Consumer Price Index  • bread

  • March 2008

    • Consumer Prices Flat in Feb.

      Wall Street Journal  |  Mar 14, 08 8:41 AM CDT

      Consumer Prices Flat in Feb.

      (Newser) - Consumer prices were flat for February, pleasantly surprising economists who expected a 0.2% increase, reports the Wall Street Journal . This morning’s consumer price index eases concerns that inflation is accelerating as the economy slows, and it gives the Federal Reserve more reason to float a large interest rate cut next week. A drop in energy prices was credited with the inflation relief, likely to be short-lived as this month's record oil and gas prices are factored into the next reports. More »

      Tags

      US economy  • gas prices  • oil price  • economy  • inflation  • food prices  • consumer prices  • core inflation  • Consumer Price Index  • energy costs

  • February 2008

    • Inflation Spikes, Cut in Jeopardy

      Wall Street Journal  |  Feb 20, 08 9:04 AM CST

      Inflation Spikes, Cut in Jeopardy

      (Newser) - Core inflation bounded ahead of expectations in January, which is bad news for anyone betting on a big rate cut from the Fed–and for the Fed itself. The consumer price index rose 0.4%, with core CPI rising 0.3%, putting the year-over-year figures at 4.3% and 2.5% respectively, well above the Fed’s traditional 1.5%-2% comfort zone, the Wall Street Journal reports. More »

      Tags

      Federal Reserve  • US economy  • Ben Bernanke  • inflation  • interest rate cut  • core inflation  • Consumer Price Index

  • January 2008
  • December 2007

    • Consumer Prices Jump Most in 2 Years

      Bloomberg  |  Dec 14, 07 9:36 AM CST

      Consumer Prices Jump Most in 2 Years

      (Newser) - November’s consumer price index spiked 0.8%—the biggest rise since September 2005—as soaring energy costs pushed up prices on an array of  goods and services. The increase, higher than the 0.6% anticipated, reignites inflation worries, causing experts to predict that further Fed rate cuts are unlikely, Bloomberg reports. More »

      Tags

      gas prices  • oil price  • inflation  • core inflation  • energy prices  • Consumer Price Index

  • October 2007

    • Housing Starts Plummet to 14-Year Low

      Wall Street Journal  |  Oct 17, 07 9:49 AM CDT

      Housing Starts Plummet to 14-Year Low

      (Newser) - New homes starts fell to their lowest level in 14 years last month, plunging 10%—to an annualized rate of 1.191 million—after expectations of a 4.2% decline. The number followed a 3.2% drop in August, the Wall Street Journal reports. A homebuilders' confidence gauge registered its lowest number since its 1985 inception. Housing continues to get worse and worse,'' a Deutsche Bank economist told Bloomberg. The contraction will go on into at least the middle of next year." More »

      Tags

      interest rate  • Fed  • Consumer Price Index  • housing starts  • confidence  • homebuilders

  • June 2007
  • May 2007

    • Inflation Cools, Heats Wall Street

      Bloomberg  |  May 15, 07 1:48 PM CDT

      Inflation Cools, Heats Wall Street

      (Newser) - The core consumer price index stayed steady last month, rising just 0.2% and cooling worries about inflation. The overall CPI, which responds to fluctuating food and energy costs, climbed 0.4%, still well within the comfort zone. That's good news for the Fed, which held interest rates steady last week in hopes of targeting inflation. More »

      Tags

      stock market  • Federal Reserve  • Wall Street  • inflation  • core inflation  • Consumer Price Index

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