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September CPI up 0.5 percent from August and 2.2 percent year-on-year

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.2 percent. READ MORE www.metrointel.com

Retail Sales increased 1.6% in September

On a monthly basis, retail sales increased 1.6 percent from August to September(seasonally adjusted), and sales were up 4.4 percent from September 2016.From the Census Bureau report:Advance estimates of U.S. retail and food servicesShow More Summary

About Those "Hedonic Adjustments" to Inflation: Ignoring the Systemic Decline in Quality, Utility, Durability and Service

The quality, durability, utility and enjoyment-of-use of our products and services has been plummeting for years. One of the more mysterious aspects of the official inflation rate is the hedonic quality adjustments that the Bureau of...Show More Summary

Construction Spending increased in August

Earlier today, the Census Bureau reported that overall construction spending increased in August:Construction spending during August 2017 was estimated at a seasonally adjusted annual rate of $1,218.3 billion, 0.5 percent above the revised July estimate of $1,212.3 billion. Show More Summary

New Home Sales decrease to 560,000 Annual Rate in August

The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 560 thousand. The previous three months combined were revised down."Sales of new single-family houses in August 2017 were at a seasonally adjusted annual rate of 560,000, according to estimates released jointly today by the U.S. Show More Summary

Housing Starts decreased to 1.180 Million Annual Rate in August

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,180,000. This is 0.8 percent below the revised July estimate of 1,190,000, but is 1.4 percent above the August 2016 rate of 1,164,000. Show More Summary

August CPI up 0.4 percent during the month and 1.9 percent year-on-year

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.9 percent.READ MORE www.metrointel.com

Retail Sales decreased 0.2% in August

On a monthly basis, retail sales decreased 0.2 percent from July to August (seasonally adjusted), and sales were up 3.2 percent from August 2016.From the Census Bureau report:Advance estimates of U.S. retail and food services sales for...Show More Summary

Chart of the Day: Household Income Finally Beats 1999 Record

The Census Bureau has finally gotten around to calculating household income for 2016, and the news is good: adjusted for inflation, income was up 3.2 percent last year. In fact, household income is now at an all-time high: And now for the buzzkill portion of this post: this means household income has increased a whopping […]

American households finally earn more than they did in 1999 

The median U.S. household's income finally topped pre-recession levels last year and has reached an all-time high after years of sluggish growth. The Census Bureau said Tuesday that the median annual income, adjusted for inflation, rose 3.2% from 2015 to 2016, to $59,039. After two straight years...

Construction Spending decreased in July

Earlier today, the Census Bureau reported that overall construction spending decreased in July:Construction spending during July 2017 was estimated at a seasonally adjusted annual rate of $1,211.5 billion, 0.6 percent below the revised June estimate of $1,219.2 billion. Show More Summary

New Home Sales decrease to 571,000 Annual Rate in July

The Census Bureau reports New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 571 thousand. The previous three months were revised up solidly."Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly today by the U.S. Show More Summary

Housing Starts decreased to 1.155 Million Annual Rate in July

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,155,000. This is 4.8 percent below the revised June estimate of 1,213,000 and is 5.6 percent below the July 2016 rate of 1,223,000. Show More Summary

Retail Sales increased 0.6% in July

On a monthly basis, retail sales increased 0.6 percent from June to July (seasonally adjusted), and sales were up 4.2 percent from July 2016.From the Census Bureau report:Advance estimates of U.S. retail and food services sales for July...Show More Summary

BLS: CPI increased 0.1% in July, Core CPI increased 0.1%

From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.7 percent.... Show More Summary

Gov't reports 209,000 new jobs created in July; jobless rate at 4.3%; Trump claims credit

2 months agoUS Politics / Liberal : Daily Kos

The seasonally adjusted net gain of jobs in July, according to the Bureau of Labor Statistics report released Friday, was 209,000. Of those, 172,000 were created in the private sector, 37,000  in the public sector, as determined by analysis of the Current Employment Survey of 147,000 business establishments. Show More Summary

Albert Edwards: "The Last Time Happened Was In January 2008"

Two days ago, we were the first to point out that in a striking case of data revisionism, the Bureau of Economic Analysis, in an attempt to retroactively boost GDP, revised historical personal incomes lower, while adjusting its estimates...Show More Summary

Construction Spending decreased in June

Earlier today, the Census Bureau reported that overall construction spending decreased in June:Construction spending during June 2017 was estimated at a seasonally adjusted annual rate of $1,205.8 billion, 1.3 percent below the revised May estimate of $1,221.6 billion. Show More Summary

New Home Sales increase to 610,000 Annual Rate in June

The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 610 thousand. The previous three months combined were revised up."Sales of new single-family houses in June 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Show More Summary

IAB Rolls Out New Ad Portfolio

The Interactive Advertising Bureau (IAB) has just released a finalized version of the new “IAB Standard Ad Unit Portfolio.” The portfolio, we can confirm, features ads that allow for creative to adjust to a variety of screen sizes and resolution capabilities. Show More Summary

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