BLS

CPI and Healthcare Inflation

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This past week the Bureau of Labor Statistics (BLS) released May’s CPI (inflation) report.  Overall, the trend is improving with inflation now, month over month, increasing .1% vs. .2% in April.  On a 12 month basis, inflation has risen 2.4% (not seasonally adjusted). See below. Of the items that continue to run “hotter” than overall … Read more

Econ Tuesday: Houston, We Have a Problem

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The February CPI report courtesy of the Bureau of Labor Statistics is out this morning and not only is inflation sticky, its ticking back up. I envisioned that the White House, upon seeing the report, said, at least silently, the famous Tom Hanks like from the movie Apollo 13 – “Houston, we have problem”. The … Read more