Leading Indicators Drop (again)
The Leading Economic Indicators dropped 0.7% in September. The Conf Board blamed higher energy prices, declining consumer confidence and...
Is NICE (Non-Inflationary Consistently Expansionary) Over?
Back in June, we noted that the U.K.was foreshadowing the U.S. economy. That remains true today: The British economy seems...
Where Your Tax Dollars Go
Ever wonder where the money you pay to Uncle Sam goes? This site — the National Priorities Project — breask it down by...
Inflation’s Demise Has Been Exaggerated
Similar to Twain’s observation, reports of inflation’s death have been greatly exaggerated. Despite tales to the contrary, it is...
Chart of the Week: Actual Housing Costs (w/o BLS Adjustments
Before 1983, CPI measured housing inflation by looking at what it cost to own a home (house prices, mortgage, property taxes). After 83,...
Back Out Housing Adjustments, and Core CPI = 5.3%
Adjust this! We visited the issue of BLS "Owners Equivalent Rent" in CPI back in May (and several times since). But we...
Weekend Linkfest!
Good morning, and welcome to the monkey house. Now that the deluge has stopped, we can put away our umbrellas and turn to the key topics...
Inflation Spin
Barron’s Alan Abelson shares my disdain for ginned up CPI data: When it comes to the so-called professional response to economic...
A Day of Last Resort
On Monday, we looked at the Insolvency Epidemic — so its not like no one saw this coming. Everyone knew that yesterday was...
Look Ma, No Inflation!
There is no inflation, and we’s gots da data to prove it (Pay no attention to the man behind the curtain). CPI (I cannot stop...