Tag: inflation

Producer Prices Jumped 1.3% in September, the Biggest Monthly Rise Since March 2022

Prices that U.S. producers receive for their goods and services rose 1.3% in September, the Bureau of Labor Statistics reported on Oct. 15.

Why Wage Growth and Purchasing Power Are Telling Different Stories

Median wage growth on the Atlanta Fed tracker rose to 4.1% in August, yet BLS real average hourly earnings fell 0.3% over the year. Both are accurate; they measure different things.