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Tag: Inflation

US Inflation Soars to 39-Year High

  Powell’s decision to retire the word “transitory” when discussing inflation was too little, too late. The Bureau of Economic Analysis (BEA) reported...

The Fed Has Spoken

The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60...

US Producer Price Index Reaches 11-Year High

The US Producer Price Index (PPI) for November reached an 11-year high, according to the Labor Department. The PPI for final demand rose 0.8% in November, the index...

Inflation Soared to 6.8% in November

Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor...

Shipping Container Price Surge Will Result in Increased Prices on Consumer Goods

The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to...

Thanksgiving Costs on the Rise

Expect to pay at least 14% more for this year’s Thanksgiving festivities, according to the American Farm Bureau. The bureau estimates that a feast for ten will...

Biden Admits He Does Not Understand Inflation

Biden acknowledged that he does not understand economics or what is driving inflation. “Today, I am here to talk about one of the most prescient economic concerns...

College Costs Increased 2700% in the Last 50 Years

(Image provided by Scott Winstead) I have stated countless times before that an apprenticeship or on-the-job experience is superior to formal education. The...

Truckers Wanted

It seems that the state of Florida is doing more to address the supply chain crisis than the entire Biden Administration. The American Trucking Association reported...

Nearly Half of Canadian Families Experiencing Some Difficulty Affording Food

We reported that food prices are on the rise in Canada and worldwide. A recent survey (n= 5,011) shows the impact inflation is having on Canadian families....