The U.S. Bureau of Labor Statistics has released a report stating that the Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% in September 2023. The overall index showed a 3.7% increase for the 12 months leading up to September, which was the same as the previous month. The rise in the index […]
Inflation is currently recorded at a year-over-year rate of 3.7% Read More »
According to a report by Statista, gasoline prices in the United States vary significantly. Factors such as state-specific transportation and distribution costs can lead to higher prices in states like Alaska and Hawaii. Additionally, state taxes also play a significant role in determining gasoline prices, as seen in high-tax states like California. Interestingly, the current
Finding the most affordable and expensive gas prices Read More »
High mortgage rates are a contributing factor to the weakening of builder confidence. The NAHB has reported that builder confidence in the market for newly built single-family homes has dropped below the key break-even measure of 50 for the first time in five months due to persistently high mortgage rates. According to the National Association
Builder confidence is undermined by high mortgage rates. Read More »
What are the 25 places in America where $100k goes the farthest? The folks over at SmartAsset remind us that a $100k salary just isn’t what it used to be. With factors such as inflation and varying cost of living in different parts of the country, there are places that give you more bang for
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023. The all items index was up 6% for the 12 months ending in February. Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all items
Housing Costs are the Leading Increase in Inflation Read More »